TAX COLLECTIONS IN KWANGTUNG

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00457R005400110010-3
• Release Decision: RIPPUB
• Original Classification: C
• Document Page Count: 1
• Document Creation Date: December 15, 2016
• Document Release Date: February 5, 2001
• Sequence Number: 10
• Publication Date: July 28, 1950
• Content Type: REPORT

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NTELLOFroved For Release 2001/03/05 : C - +0457R005400 11
INFORMATION 9 & - CD NO.
COUNTRY OhtAa
.SUBJECT Tax Collections in KWaugtung
PLACE 25X1 A
ACQUIRED _
DATE OF 25X1 C
INFO.
2G. u'd' .5
NO. OF PAGES
NO. OF ENCLS.
(LISTED BELOW)
SUPPLEMENT TO
REPORT NO,, 25X1 X
1. The advance estimate on business taxes from Kongmoon hsien (113-O6, 22.34)
was JHF 12 billion, from T0aishan helen (112-45, 22-15) Ott' 10 billion, and
from the San You district - including OWangoha (112-42. 22-22),
Hsinchaang (112-442, 22-21) and Tihai (112-41, 22n2O) . JMP 18 billion,
However, during April and May 1950, industry and commerce in this area both
suffered from continuous floods and Rationalist air- raids, and businessmen
could not pay their assessed taxes.
2. When a tax reduction was requested of local authorities, the assessment of
Kongmoon hsien was reduced to J)P 8 billion and that of T''aishan heien to
JMP 5 billion, with each paying an additional ten percent local tax, A
similar reduction was anticipated in the San Pou district, but arrangements
there bad not been completed by 7 June,
3, In Kongmoon heien, the United Association of Industry and Commerce, which
has been cooperating with Commantet authorities, assessed each shop an
average of $180 y Special taxeto were placed on large firms JM? 300 mil-
lion for the on Paper Kill and the Wan Shan ( ~L ) Trading Com-
pany. The three foreign companies which operate In the town, the Texas
Company (China), Ltd., the Standard-Vacuum Oil Company, and the Asia Petro-
lemon Company, were assessed a total of JMP 1,500,000,000