Show WOR OR I I 1 I I II 1 Corpor Corporation tion Tax Law is Severe on Real Es Estate Est tate ate t Dealers Seattle Wash Xo No llA addressed to Attorney General Goo o oA A which already h bae a I hoen boen signed by of the loading II 1 II real estate dealers of oC the cIty is bo be beIng In Ing here asking that the tho corporation law aw be modified so as asto to 10 elimInate certain which it itIs itis Is claimed will work a great injustice Lice tice to real estate dealers One of the chief chlof faults pointed out by the tho peU peti petition tIon I Is that If the law Jaw Is rigidly en enforced enforced forced It will work a great at hardship on land companies selling on the installment plan In that It t requires a ono one POI per cent tx tax on the thc years col collections cols less expenses but ut does not for a proportionate deduction for Cor the first cost of tho ho land The petItion also recites that the tho law will require a complete change chanse in the auditing In many lines of business I 1 |