Plan to Abolish International Double Taxes Proposed
The International Chamber of Commerce, urged by the United States, seeks a unified system that taxes foreign investment income at the investor’s home country. It would allow the host country to tax real estate, permanent establishments, and employee salaries, with compensation to the host nation. Carroll, a Commerce Department expert, outlined the proposal after Amsterdam talks.
MENTIONED IN THIS ARTICLE
United Press
Washington
International Chamber of Commerce
United States
Mitchell B. Carroll
Commerce Department
Carroll
Amsterdam
Chamber
International Chamber plan limits tax to home country
Carroll outlined a tax rule that income is taxed where the recipient resides, with exceptions for shipping and air navigation tied to the enterprise center, salaries of officials abroad, and a reform to avoid double taxation by taxing corporate profits only once.
MENTIONED IN THIS ARTICLE
Carroll
International Chamber
Dr Caldwell's Syrup Pepsin Becomes World's Favorite Laxative
Forty years after its creation Dr Caldwell's Syrup Pepsin gained fame for relieving constipation and related ills. The single prescription led to mass distribution through drug stores and widespread use. Millions trust the laxative for headache and bilious discomfort.
MENTIONED IN THIS ARTICLE
Dr. Caldwell
Hem Roid Promise for Quick Pile Relief
Advertisement claims internal remedy removes the cause of piles by reducing blood congestion in the lower bowel. Dr Leonhardt's Hem Roid tablets are touted as harmless and guaranteed to banish pile misery or money back, sold at City Drug Store and druggists nationwide.
Getting Skinni er Every Day Mc Coy's Tablets Promise Gains
A promotional note touts Mc Coy's Tablets as a solution for underweight men and women. It claims thousands gain flesh and strength, with a guarantee: after four 60 cent boxes or two 1 dollar boxes, a 6 pound gain and health improvement must be shown or the purchase price is refunded.
MENTIONED IN THIS ARTICLE
McCoy
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