Commutation Act 1784
id:
commutation-act-1784-219-3276235
title:
Commutation Act 1784
text:
The Commutation Act 1784, enacted by the British Parliament, reduced the tax on tea from 119% to 12.5%, effectively ending the smuggling trade. William Pitt the Younger, acting on the advice of Richard Twining of the Twinings Tea Company, introduced the Act to increase revenues through legitimate sales of tea by ending 100 years of punitive tea taxes which promoted smuggling. The Act was created to stimulate trade in China for the British East India Company, which at the time was suffering from
brand slug:
wiki
category slug:
encyclopedia
description:
United Kingdom legislation
original url:
https://en.wikipedia.org/wiki/Commutation_Act_1784
date created:
2005-06-20T03:50:19Z
date modified:
2024-09-13T12:32:22Z
main entity:
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image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/3/30/Coat_of_arms_of_Great_Britain_%281714%E2%80%931801%29.svg","width":512,"height":512}
fields total:
13
integrity:
16