1.3.02026-07-29brevRådata1077474arkivdokumentStatens museer för världskultur - Östasiatiska museetSMVK-OMDokumenthttp://kulturarvsdata.se/SMVK-OM/arkivdokument/1077474Osvald-Siren-A-02-045ERNEST BENN LIMITED PUBLISHERS BOT VETT ROSE No SNR odlar SJ CAN se SRA GG ANGE or AN CARAT SN SNES BARG ÅRLa Nb JG ON BYSEN obe SNR DIRECTORS : SIR ERNEST BENN, GORDON ROBBINS, C. E. HUGHES, T. FISHER UNWIN, A. D. MARKS, J. A. BENN Telegrams : Benbrolish, Fleet, London SNS Telephone (ten lines) : City 0244 25th July, 1928. Dear Dr. Siren, I have been thinking over very carefully the Income Tax question raised by you. The Finance Act passed last year threw upon publishers the burden of deducting Income Tax from royalties payable to an author who resides outside the United Kingdom. Every penny of the money so deducted has to be accounted for am paid over by the publisher to the Inland Revenue Authorities here. This Act while so doubt successful in raising additional revenue for the Government here, has thrown upon publishers a very considerable additional burden of work for which they do not and cannot get any recompense. The basis of payment suggested by Mr. Nathan in his letter to you, which I return herewith, does not seem feasible to us. There are two fundamental objections, viz: A. We question very much, with all due respect to Mr. Nathan's opinion, whether such an arrangement (which would produce to the author an amount varying with the exact number of copies sold) would be considered by the Inlånd Revenue Authorities as a genuine lump sum payment. In our opinion payments made periodically in the way suggested, and dependent in amount upon the number of copies sold during a period preceding such payment, would be held a (rather thinly) disguised royalty payment and as such liable to Income Tax. B. The deposit by us of a sum of £950. in the hands of a third party on delivery of the complete material for the book would involve a lockup of capital which would be quite unjustifiable from our point of view, and would in effect be tantamount to paying three years royalties in advance. An outright lump sum payment by us to you for your rights in the book would not be liable to tax, and if you care to put forward any suggestion on this basis I should be pleased to give it my consideration. «As at present advised, however, I must make it quite clear that any such lump sum payment would have to be unconditional and in no Na variable according to the number of copies actually sold. An alternative basis for payment which we might discuss, if you wish, although it has not the advantage of wholly relieving you from Income Tax as in the case of a lump sum payment, is the fixing of a larger sum than we have agreed upon to be paid$ ö you by way of expenses in connection with the photographs that you supply and a reduction in the rate of royalty to correspond. The only other suggestion which occurs to me at the present time is that you should arrange for publication of the book in America, in which case we should be prepared to consider the purchase of sheets for an English edition. Here again, however, I think I am right in saying that you would find your royalties subjected to an American tax of 574 on the royalties paid to you. Yours Nra€TgTillverkadStorbritannien, LondonHughes, C. E.1928-07-25MottagenSirén, Osvaldimage/jpeghttps://collections.smvk.se/carlotta-om/web/image/tn/10537417/Osvald-Siren-A-02-045%2801bearb%29.jpghttps://collections.smvk.se/carlotta-om/web/image/zoom/10537416/Osvald-Siren-A-02-045%2801bearb%29.jpghttp://kulturarvsdata.se/resurser/License#cc0Hughes, C. E.Utgången upphovsrättimage/jpeghttps://collections.smvk.se/carlotta-om/web/image/tn/10537421/Osvald-Siren-A-02-045%2802bearb%29.jpghttps://collections.smvk.se/carlotta-om/web/image/zoom/10537420/Osvald-Siren-A-02-045%2802bearb%29.jpghttp://kulturarvsdata.se/resurser/License#cc0Hughes, C. E.Utgången upphovsrättimage/jpeghttps://collections.smvk.se/carlotta-om/web/image/tn/10537425/Osvald-Siren-A-02-045%2803bearb%29.jpghttps://collections.smvk.se/carlotta-om/web/image/zoom/10537424/Osvald-Siren-A-02-045%2803bearb%29.jpghttp://kulturarvsdata.se/resurser/License#cc0Hughes, C. E.Utgången upphovsrättimage/jpeghttps://collections.smvk.se/carlotta-om/web/image/tn/10537429/Osvald-Siren-A-02-045%2804bearb%29.jpghttps://collections.smvk.se/carlotta-om/web/image/zoom/10537428/Osvald-Siren-A-02-045%2804bearb%29.jpghttp://kulturarvsdata.se/resurser/License#cc0Hughes, C. E.Utgången upphovsrätthttp://kulturarvsdata.se/SMVK-OM/arkiv/1077992http://kulturarvsdata.se/SMVK-EM/name/4429169http://kulturarvsdata.se/SMVK-EM/name/1072863http://kulturarvsdata.se/SMVK-OM/arkivdokument/html/1077474http://kulturarvsdata.se/SMVK-OM/arkivdokument/xml/1077474http://kulturarvsdata.se/SMVK-OM/arkivdokument/rdf/1077474