Colony of North Borneo annual report.

  • British North Borneo
Date:
[1962]
Catalogue details

Licence: Public Domain Mark

Credit: Colony of North Borneo annual report. Source: Wellcome Collection.

    308/344 page 252
    APPENDIX III RATES OF ESTATE DUTY (Section 6 (1) Cap. 42) Where the principal value of the estate At the rate per centum of $ $ Does not exceed 10,000 Nil exceeds 10,000 but does not exceed 25,000 3 do. 25,000 do. 30,000 4 do. 30,000 do. 35,000 5 do. 35,000 do. 40,000 6 do. 40,000 do. 45,000 7 do. 45,000 do. 50,000 8 do. 50,000 do. 75,000 9 do. 75,000 do. 100,000 10 do. 100,000 do. 150,000 12 do. 150,000 do. 200,000 14 do. 200,000 do 250,000 16 do. 250,000 do. 300,000 18 do. 300,000 do. 350,000 20 do. 350,000 do. 400,000 22 do. 400,000 do. 450,000 24 do. 450,000 do. 500,000 26 do. 500,000 do. 750,000 28 do. 750,000 do. 1,000,000 30 do. 1,000,000 do. 1,500,000 32 do. 1,500,000 do. 2,000,000 34 do. 2,000,000 do. 2,500,000 36 do. 2,500,000 do. 3,000,000 38 do. 3,000,000 do. 3,500,000 40 do. 3,500,000 do. 4,000,000 42 do. 4,000,000 do. 4,500,000 44 do. 4,500,000 do. 5,000,000 46 do. 5,000,000 do. 7,500,000 48 do. 7,500,000 do. 10,000,000 50 do. 10,000,000 55 Provided that—- (i) Where the principal value of the estate exceeds $10,000 but does not exceed $25,000 the amount of estate duty payable shall be the amount calculated at three per cent of such principal value or the amount by which such principal value exceeds $10,000 whichever is the less; (ii) In all other cases the amount of estate duty payable shall, where necessary, be reduced so as not to exceed the highest amount of duty which would be payable at the next lower rate, with the addition of the amount by which the value of the estate exceeds the value on which the highest amount of duty would be so payable at the lower rate.
    digitised image 1
    digitised image 2
    digitised image 3