Show BACK BAGI TAXES fROM fROMfiELD FIELD ESTATE Executors Executor's Will be ue Asked to Pay to the State GOES BACK SEVEN YEARS Bonn of I Be v Rc Declares Opinion I I That Timi ThaI Marshall ar laJ lucid Escaped Taxation Chicago July 25 25 Marshall Fields Field's executors will wi be asked to pay taxes amounting to a out This I I will wi be by far time the greatest sum ever evem- levied le upon the property of or an nn In Individual In- In taxpayer and amid Is 19 the he practical cal cl result of or the time decision b by the board of or review toda today loday fixing the personal property properly on nn which the Field estate slate mu must t taxes at pay jay The rhe Thereal real estate state Is worth about OO O- O additional making the total amount of property on arm which that thai estate es- es late tate will wI have I to pay puy taxes axes approximately The larger portion of the porton assess sess ment time the Fi Field estate Is for forback forback back taxes on personal property upon which tho time late 11 Mr Mm Field Is k held hell 1 by bythe the time board of review lew to have avoided olde paying taxes The fhe board has gone Ione hack back for fOI seven so n years and levied back taxes against the lie I Field estate for tho the entire period of the time existence of the present taxing taxing- machinery which was sas creat created d In hit 1899 t Tax Tx Dodger cr During the time first six years ears of that lint period the time late lale Marshall Field paid on out of or personal property properly annually an an- nuCI and antl last year on only 2000 a of In all all The reviewers lewers tolla today loday declared it I their opinion that the time late Inte Mr 11 Field escaped od ed taxatIon on more In addition to taxation on this amount another penalty falls fails taIs b by law upon the time Field estate estale for fOl the taxes which have been dodged It I Is eti cd ed In the time pa past t Under the provisions o of the revenue law Inter interest not compounded com coin pounded must be 10 10 levied upon all al back taxes assessed at the rate of or 10 as It pet per percent pe cent a a. This interest adds year al almost almost al- al most a third to tho the back taxes the Field estate estale will wl have to pay The back tuxes taxes total tota about while tho 0 Inter t. t l thur th tt 1 k i 7 i I a O the Field led for orthO tn I r that the muli l merchant I did not pa pay pa during the lie last seven I years earR of his life I I Valuation of The board decided on a valuation of for Cor or the hue personal property belonging to the Field estate es es- es- es tate tale on on April 1 last Jast and not con ConsistIng consistIng consist consist- Ing of national bank stock anti and stock of or Illinois corporations Attorney Beale for Cor the tl he estate reported to time Iho board a list of stocks tocks exceeding exceeding that hint amount President Upham of the lie board of or review re lew declared today that hat the board considered a fair Call amount to value alue the lie locally taxable taxable tax tax- able property of oC the Field estate In Jim proportion to the hue amounts of personal person person- al pro property properly pert on which other oilier taxpayers taxpayer's are arc as assessed essed He lIe a added that this was the time largest assessment he ime recalled as ever er being ma made e against a single in lit lit- or estate anywhere |