Word Finder - revenues

definition

The income returned by an investment.

definition

The total income received from a given source.

definition

All income generated for some political entity's treasury by taxation and other means.

definition

The total sales; turnover.

definition

The net income from normal business operations; net sales.

definition

A return; something paid back.

One-tenth of the tax is paid to the communes as compensation for revenues made over to the state.

But in communes the revenues of which exceed 120,000, the budget is always submitted to the president of the republic. The ordinary revenues include the produce of additional centimes allocated to communal purposes, the rents and profits of communal property, sums produced by municipal taxes and dues, concessions to gas, water and other companies, and by the octroi or duty on a variety of articles imported into the commune for local consumption.

The state therefore draws its principal revenues from the imposts, the taxes and the monopolies.

A truce was concluded in 1317, but as the Sicilians helped the north Italian Ghibellines in the attack on Genoa, and Frederick seized some Church revenues for military purposes, the pope (John XXII.) excommunicated him and placed the island under an interdict (1321) which lasted until 1 335.

He had accumulated an immense private fortune, possessing in addition to his see the revenues of seven abbeys.

Instruction at state schools is either free or at merely nominal cost, and high schools, technical colleges and agricultural colleges are maintained by appropriations from the general revenues of the states.

Its revenues and powers are those pertaining to local government.

The directors were determined "to stand forth as diwan, and take upon themselves by their own servants the entire management of the revenues."

In 1871 the dispute which had been carried on since 1831 between the duke and the diet about the rights of each to the state domains was settled by a compromise, each party receiving a share of the revenues.

It excited also the animosity of the nobles jealous of their privileges, and of the monasteries, which were called upon to furnish the revenues for the new sees.

In 1274 the council of Lyons imposed a tax of a tenth part of all church revenues during the six following years for the relief of the Holy Land.

The monastic buildings required for public purposes have been made over to the communal and provincial authorities, while the same authorities have been entrusted with the administration of the ecclesiastical revenues previously set apart for charity and education, and objects of art and historical interest have been consigned to public libraries and museums. By these laws the reception of novices was forbidden in the existing conventual establishments the extinction of which had been decreed, and all new foundations were forbidden, except those engaged in instruction and the care of the sick.

On an average Italian landowners pay nearly 25% of their revenues from land in government and local land tax.

The imports op incomes from personal estate (ricchezza mobile) were introduced in 1866; it applies to incomes derived from investments, industry or personal enterprise, but not to landed revenues.

Communal revenues are drawn from the proceeds of communal property, interest upon capital, taxes and local dues.

Provincial revenues are drawn from provincial property, school taxes, tolls and surtaxes on land and buildings.

The French system of taxation was maintained because it brought in ampler revenues; but feudalism, the antiquated legislation and bureaucracy were revived, and all the officers and officials still living who had served the state before the Revolution, many of them now in their dotage, were restored to their posts; only nobles were eligible for the higher government appointments; all who had served under the French administration were dismissed pr reduced in rank, and in the army beardless scions of the aristocracy were placed over the, heads of war-worn veterans who had commanded regiments in Spain and Russia.

But in 1496, when the sovereigns again complained that the inquisitors were, without royal knowledge or consent, disposing of the property of the condemned and thus depriving the public revenues of considerable sums, Alexander VI.

There are few or no local taxes, the municipal chest being filled by the revenues derived from the fertile delta-land, the Kampeneiland, which is always being built up at the mouth of the Ysel.

The remaining years of his life he spent in arranging the affairs and revenues of his new empire and in improving his capital, Agra.

He had plundered the national revenues and scorned constitutional government.

Anyhow he enjoyed the emperor's favour until the death of the latter in 565 and (as he himself tells us) was entrusted with the administration of the entire revenues of the Monophysite Church.

The revenues of the state come from two sources; about two-thirds from taxation and about one-third in all from the earnings of the penitentiary, from the fees collected by state officials, from the proceeds from the sale of state publications, and from the dividends from stock and bonds.

The German master - now grand master and German master in one - had his headquarters at Mergentheim in Swabia; the revenues of the states scattered throughout the twelve bailiwicks of Germany sustained him and his Order.

He was mixed up with the sordid intrigues which preceded the deposition of Edward II., and supplied Queen Isabella and Mortimer in Paris with money in 1325 from the revenues of Guienne, of which province he was treasurer.

The school revenues are derived from the sale and rental of public lands granted by Congress, and of the salt and swamp lands devoted by the state to such purposes, from a uniform levy of one mill on each dollar of taxable property in the state, from local levies (averaging 7.2 mills in township districts and 10.07 mills in separate districts in 1908), from certain fines and licences, and from tuition fees paid by non-resident pupils.

The revenues of the state are classified into four funds; the general revenue fund, the sinking fund, the state common school fund and the university fund.

Revenues were not realized adequate to its lavish undertakings, and loans were used to meet current expenses.

In this institution they were both housed and fed, and they not only supported themselves by their labours but earned a surplus for the benefit of the electoral revenues.

After the latter's execution (440) she retired to Jerusalem, where she was made responsible for the murder of an officer sent to kill two of her followers and stripped of her revenues.

By these Cuba was bound not to incur debts her current revenues will not bear; to continue the sanitary administration undertaken by the military government of intervention; to lease naval stations (since located at Bahia Honda and Guantanamo) to the United States; and finally, the right of the United States to intervene, if necessary, in the affairs of the island was explicitly affirmed in the provision, " That the government of Cuba consents that the United States may exercise the right to intervene for the protection of Cuban independence, the maintenance of a government adequate for the protection of life, property and individual liberty, and for discharging the obligations with respect to Cuba imposed by the treaty of Paris on the United States, now to be assumed and undertaken by the government of Cuba."

It is thought better here, for the sake of clearness, to reserve observations on revenues specially assigned to the international administration of the Ottoman Public Debt, and on the expenditure of that administration, and to deal with that subject separately, while, however, including the total figures of both in the general figures in order to reproduce exactly the totals shown in the budget of the empire.

Of these, commercial stamps are among the revenues specifically hypothecated to the Public Debt Administration, £T460,079; the others, consisting of legal stamps of various kinds, registration and transfer-duties, &c., are estimated to produce £ T6 53,373 forming a combined total of £T1,113,452.

The revenues figuring under " indirect contributions " thus reach a total of £T4,825,812.

Under the deposed sultan the Civil List Administration had encroached in every direction not only on the revenues properly accruing to the state, but upon private and upon state property in most parts of the empire.

Thus it is explained in the preface to the budget that the revenues " proceeding from the deposed sultan " are not classed together under one heading, but that they have been apportioned to the various sections under which they should fall " whether taxes on house property or property not built upon, tithes, aghnam, forests, mines, cadastre, sport, military equipment, private domains of the state, various receipts, proceeds of sales, rents " - a truly comprehensive list which by no means set a limit to the private resources of Abd-ul-Hamid II., who looked upon the customs also as a convenient reserve on which he could, and did, draw when his privy purse was short of money.

The total revenues of the empire are thus estimated to produce 725,848,332, and seeing the careful and moderate manner in which the estimates have been framed, this may be looked upon rather as a minimum than a maximum.

The minister of finance stated in his budget speech to parliament, delivered on the 23rd of April 1910, that the revenues for the year 1909-1910, which had been estimated to produce T25,000,000, had as a matter of fact produced £T26,50o,000.

The reforms already accomplished have resulted in a marked increase in the customs revenues.

The system of farming out the revenues is admitted, and is almost invariably followed in the case of the tithes.

When this is done, the revenues to be farmed are put up to public auction and sold to the highest bidder, provided he can prove himself amply solvent and produce sufficient sureties.

The first class contains such revenues as the emlak verghi-si (duty on realty), `ashar (tithes), temettu (professional tax), &c. In all such cases the taxable values are fixed by a commission of experts, sometimes chosen by the tax-payers themselves, sometimes by the official authorities; in all cases both tax-payers and authorities are represented on the commissions, whose decisions may be appealed against, in last resort, to the council of state at Constantinople, whose decision is final.

Revenues composing the second class such as the tapu (registration tax) do not vary, unless by special decree, and the assessment is automatic.

These " six indirect contributions " were the revenues from tobacco, salt, wines and spirits, stamps (commercial), certain specified fisheries, and the silk tithe in specified provinces.

As pointed out by Sir Adam Block, the representative of the British and Dutch bondholders, in his report for 1908-1909, the above arrangement would have been prejudicial to the bondholders had the public debt not been " unified " (as described below) since, however, as a result of that unification, the ceded revenues now produced a sum more than sufficient for the service of the debt, it was only the surplus of revenue reverting to the government which was affected.

The ceded revenues, exclusive of the " contributive parts " and the excess from commercial treaties, were estimated by Bourke, in his report to the bondholders on the decree of Muharrem, at £I,812,562 (£T1,993,818).

Four-fifths of the net product of the revenues, after deduction of the first charge of £T590,000, was to be applied.to the service of the interest on the new reduced debt, and provided that the four-fifths were sufficient to allow the distribution of 1% interest, one-fifth was to be devoted to sinking fund; but this latter fifth was to be reduced, if necessary, by an amount sufficient to maintain the rate of interest at i %.

When the net product of the ceded revenues amounts to £T2,157,375, the surplus is divisible as to 75% to the Turkish government and 25% to the public debt administration.

The reserve fund was created primarily to make good any deficiency in the revenues below the amount required to pay the interest due.

The ceded revenues administered directly by the public debt council have shown remarkable expansion, and may be fairly looked upon as exemplifying what would occur in the general revenues of the empire when good and honest administration and regular payment of officials finally took the place of the carelessness, corruption and irregularity which existed up to the change of regime.