7 MAY 1921, Page 12

GERMAN TAXATION.

[To THE Eamon or THE " Sezersvoa."1 Sia,—I am otliged by your insertion of my letter on German taxation, but regret that there are two errors. In Par. 1 the words after 10 per cent. should read " when the dividend does not exceed 3 per cent., increasing up to 20 per cent. when the dividend amounts to 20 per cent. or over." In Par. 3, seventh line, it should be: "If it be taken at 1-10th of a shilling." Not having the draft I do not know how far I

am responsible for the first error. In the case of the second I am afraid I may have omitted to insert in the copy I left with you the words " 1-10 per cent.," as I did in the original left at the Foreign Office, in which case I apologize for the carelessness.