Annual Report of the Secretary, to the Philippine Commission Volume 4, Pts. 1904-1905

Annual Report of the Secretary, to the Philippine Commission Volume 4, Pts. 1904-1905

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1906 edition. Excerpt: ...imported in 1905, added to the duty thereon, amounted to $1,217,274. It is apparent that the heavy duty upon opium has had little effect in diminishing its consumption, and the problem of preventing the extension of the opium habit must be dealt with in ways other than through the customs. The figures given in the report of the Collector of Customs as to customs revenues do not agree with those hereinafter stated in connection with the budget for the fiscal year 1906, as based upon customs revenues for the fiscal year 1905. The distinction, however, is only apparent and not real. The Collector of Customs, according to law, reports the total revenues collected, while the budget is based upon the net revenues collected, after deducting reimbursable revenues, particularly those accruing upon hemp exported to and consumed in the United States. THE NEW INTERNAL-REVENUE LAW. The Third Annual Report from this office stated the circumstances connected with the enactment of the new internal-revenue law and the opportunities for public discussion that were furnished, and the general provisions of the law as finally enacted on July 2, 1904. It will be unnecessary here to recite any of the details there set forth or the considerations that led to the enactment of the law. AMENDMENTS TO THE INTERNAL-REVENUE LAW. Several minor amendments have been made to the law, mainly for the, purpose of simplifying its operation and for meeting temporary difficulties that arose in its enforcement. On April 27, 1905, after public discussion, Act No. 1338 was passed, which made a few verbal changes and corrections of typographical errors in the original text. Minor changes in the license-tax rates and in the definitions of dealers and two or three license taxes, covering...
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Product details

  • Paperback | 30 pages
  • 189 x 246 x 2mm | 73g
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236674235
  • 9781236674234