Word: took
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Dates: during 1940-1949
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Reason for suspension was that Colombia had just about succeeded in pricing itself out of the oil business. While Venezuela's tough but sense-making petroleum code fostered a billion-dollar industry, Colombia's confusing, ultra-nationalist oil laws had crippled efforts to develop resources. It often took ten years to get an exploration concession through Colombian courts. After that, the million dollars spent on drilling a new well would be subject to tax whether oil was found or not. Extra-legal riders of one sort or another jacked royalties as high as 25%; the total government take...
Canadians who had waited two years for the government to take another slice off their high-level wartime taxes got good news last week. In his budget speech, Finance Minister Doug Abbott announced that the government would reduce its revenue from income taxes by 32%. Accordingly, he took 750,000 taxpayers off the lists by raising the exemptions from $750 to $1,000 for a single person and from $1,500 to $2,000 for a married couple with no children.* For those who still had to pay, the rates were trimmed. The new rates and exemptions would be retroactive...
Musicomedienne Mistinguett, seventyish, whose shapely legs are an ancient Paris legend, was planning a tour of Canada this fall, and took a trouper's view of the project: "How long I stay depends on my success...
Violinist Yehudi Menuhin and wife called at the Vatican for a "very pleasant talk" with Pope Pius XII, a onetime violinist himself (he took lessons for five years in his youth...
...Copenhagen, Denmark's King Frederik IX took the day off with a touch of lumbago. The rest of the family was feeling poorly, too. Queen Ingrid had the flu, and the three little princesses had chicken...