[78-L] HMV's with RCA stickers

[Matthew Duncan]

100% tax occurred during the late part of WWII and for a while afterwards with 66% tax for much of the 40s.
 
This didn't stop people buying records in Britain in the 40s but sales did fall and judging by the companies folding in this period (Rex in 1948 and Regal Zonophone in 1949) it obviously had a lot of impact.
 
Matthew Duncan
UK.

--- On Fri, 13/11/09, Mike Harkin <harkinmike at yahoo.com> wrote:


From: Mike Harkin <harkinmike at yahoo.com>
Subject: [78-L] HMV's with RCA stickers
To: 78-l at klickitat.78online.com
Date: Friday, 13 November, 2009, 13:57


Probably to show they were for export, otherwise they were liable to purchase tax, which was/is pretty horendous; not sure it ever reached 100%
but Julian and Earl will probably know, and in any case it came bloody close!

Mike inPlovdiv{


      
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