This section of the book is from the "Canadian Banking Practice" book, by John T. P. Knight.
Question 407.— Has a town corporation in the Province of Quebec power to levy a business tax on banks ?
Answer.—We are advised that the Municipal Act of the Province of Quebec does not give town corporations power to impose a business tax on banks, and that if there is no reference to such a right in the town's charter, authority would have to be obtained from the Legislature.
 
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