HAPPY FRANCE
TAXATION DROPS BY £40,000,000 LUXURY LEVY MAY GO Reed. 12.50 p.m. PARIS, Tuesday. The French Government has decided upon a taxation reduction totalling £12,000,000, of which £7,200,000 represents the reduction of duties on joint stock securities. Added to the reduction voted in 1929 this brings the total annual cut in taxation to £40,000,000. The Cabinet considered reducing the present 10 per cent, tax on luxury goods, bu-t made no decision on the point. The Premier, M. Tardieu, informed a deputation from the woollen industry that he would shortly be granting tax reductions on wool amounting to £500,000. Pie promised carefully to examine the whole system of wool taxation.
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Sun (Auckland), Volume IV, Issue 943, 9 April 1930, Page 9
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110HAPPY FRANCE Sun (Auckland), Volume IV, Issue 943, 9 April 1930, Page 9
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