Salt Lake Herald-Republican | 1907-03-13 | Page 2 | Sent to Conference

SENT TO CONFERENCE I Bill Providing for License Tax on Corporations The senate yesterday returned to the house In amended form house bill Xo o 93 si roo by Hone requiring corporations to take out a license The original bill fixed this license tax on a graduated scale tho the license ranging from 20 I O to according to authorized capitalization tion timi The Time senate made the license in blanket form Corm and fixed It at 10 for all corporations The motion to concur in the amendment met with much opposition and the bill was finally final tent sent to conference conf rence on a II sub substitute substitute motion with Hone CrItChlow end and Henrie henna as the house conferees In Inthe Inthe Inthe the beginning it was tas stated slated the act sought to increase ase the th revenues of the state by b half a million dollars each year Under Inder the amendment about would be realized Many corporations it was waS asserted that have a 0 capital stock of only do tb a 1 bigger bl r business than one with a t capital of ot Reference was nl also o made mado to corporations who seek to dodge their just proportion of taxation and a n bill of ot this character 13 is intended Int to cover these slippery customers Tho Time senate also reduced the from roo rooI to I