A Guide to the Duties Imposed Upon Land and Mineral Rights, Vol. 1: By Part I

Walter P. Boas

ISBN 10: 1332134025 / ISBN 13: 9781332134021

Editore: Forgotten Books, 2022

Riguardo questo articolo

Print on Demand. This book delves into the complex world of land and mineral rights taxation as introduced by the Finance (1909-10) Act, 1910. It provides a clear and concise guide to the four new duties levied on land ownership: increment value duty, reversion duty, undeveloped land duty, and mineral rights duty. The author carefully explains each duty's purpose and application, drawing on official government reports and providing practical examples. The book examines the intricate definitions of land values, such as gross value, full site value, total value, and assessable site value, providing the reader with a solid foundation for understanding the Act's complexities. The author sheds light on the Act's implications for various forms of land ownership, including freehold and leasehold interests, and explores the unique considerations for land held in fee farm, which was a common form of land ownership in Ireland at the time. The book offers invaluable insights into the complexities of land taxation and its impact on land ownership, providing a comprehensive guide for those seeking to understand this groundbreaking legislation and its potential implications for the future of land ownership. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book.

Codice articolo 9781332134021_0

Dati bibliografici

• Titolo: A Guide to the Duties Imposed Upon Land and Mineral Rights, Vol. 1: By Part I
• Editore: Forgotten Books
• Data di pubblicazione: 2022
• Lingua: Inglese
• ISBN 10: 1332134025
• ISBN 13: 9781332134021
• Rilegatura: Paperback
• Condizione: New
• Tipo di libro: print-on-demand item
• Cataloghi dei venditori:
  • Law

Descrizione articolo

Riassunto

Excerpt from A Guide to the Duties Imposed Upon Land and Mineral Rights, Vol. 1: By Part I. Of the Finance (1909-10) Act, 1910, Including the Text of the Act, Notes on Each Section, and All Forms and Rules Issued

The following pages are an attempt to present in as simple a form as possible Part I. Of the Finance (1909 - 1910) Act, 1910. I have endeavoured to show not only the legal import, but also the intended effect, of each section, and in this task I have received great assistance from a study of the Official Reports of the House of Commons.

The Act imposes four new duties upon the owners of land, increment value duty, reversion duty, undeveloped land duty, and mineral rights duty, and these duties may be shortly explained as follows.

Increment value duty is a duty of twenty per cent. Upon the rise in the site value of land after the 30th day of April, 1909, and is payable on the transfer of land, on the grant of a lease of land, and on the death of the owner, or, when the owner is a body corporate or unincorporate, every fifteen years, commencing in'the year 1914. Its aim. Is to secure for the community a share of the increase in the value of land which arises from the efforts of the community, and not from those of the owner of the land.

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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.