Monday, Jul. 27, 1931
Canada's Barrier
The Canadian Government's tariff schedule against U. S. periodicals, viewed with alarm by U. S. publishers and Canadian newsdealers (TIME, June 15), was made even more stringent last week by Premier Richard Bedford Bennett. The original plan, to be effective Sept. 1, imposed a duty of 15-c- per Ib. on all periodicals other than educational, scientific or religious. The new schedule admits the exempt classification if they contain 20% or less of advertising. Magazines with more than 20% advertising must pay 2-c- tax per copy; over 30%, 5-c- per copy. Nearly all magazines entering Canada from the U. S. carry more than 30% advertising.
Magazines which consist "mainly of fiction" will be taxed 15-c- per pound with a minimum tax of 15-c- per copy. So will the comic sections and feature sections of newspapers. (U. S. Sunday papers now sell at 10-c- or 15-c- in Canada.) Moreover, no tax rebate will be allowed on unsold copies.
This file is automatically generated by a robot program, so reader's discretion is required.