TAXATION

Taxation outside of the municipalities of Charlottetown and Summerside, is very moderate, and is applied to the main- tenance of the Provincial Government.

LAND TAX

The present Land Tax system was introduced in 1894, and the amount paid ranged from I to 6 cents per acre ac- cording to the value. In 1897 the Act was amended and a percentage tax at the rate of one-fifth of one per cent. on the value of the property, or 20 cents on $100, was adopted. The owner makes a declaration before the Deputy Receiver of Taxes, of the cash market value of the land with the appur- tenances, and on this the percentage is paid. The value of the land includes the value of the buildings thereon; but no improvements are embraced after the first year. This tax is collected either from the owner, tenant or occupier, and the land, as well as goods and chattels, is liable. In case of undervaluation, provision is made for proceedings at the expense of the owner to ascertain the correct value. This, however, has rarely to be resorted to. _Cemeteries and Church Yards

are exempt. INCOME TAX

The assessable income of every person receiving wages or salary for any employment or income from his or her own actual manual labor is calculated upon the amount over $350. Every other person is taxed on the full amount of his or her income. The sum to be paid is left to the voluntary declaration of the individual. Non-residents of the Province receiving an income from money invested or property situated therein, are liable. The present rate is one per cent.

Speakers House of Assembly

R. Stewart, 1773 A. Fletcher, 1790 John Budd, 1776 J. Robinson, I790 D. Higgins, 1779 J. Stewart, 1795 W. Berry, 1780 J. Curtis, I801 A. Fletcher, 1785 R. Hodgson, 1806

P. Callbeck, 1788 R. Brecken, 1812