811.512352 Shipping/22
The Spanish Ambassador (Padilla) to the Secretary of State
Your Excellency: The attention of His Majesty’s Government has been called to the fact that in the List presented by the Treasury Department of the United States of Nations granting an equivalent exemption of foreign shipping in accordance with the provisions of the Revenue Act of 19211 the name of Spain does not appear.
In order to remedy this oversight, I have the honor to enclose herewith the text of a Rapport of the “Ministerio de Hacienda”2 containing the Spanish Legislation on the matter according to which Your Excellency will be able to observe the way in which the Spanish Law exempts foreign ships from the payment of income tax and, therefore, that according to the system of reciprocity established by the American Revenue Act of 1921, the Spanish ships ought not be compelled to pay taxes in the United States.
I will be much obliged to Your Excellency for being good enough to forward to the Treasury Department the enclosed Rapport for said purpose.
Accept [etc.]