124.931/11–646

The Acting Secretary of State to the Ambassador in China ( Stuart )

[Extract]

1019.…

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Reurtel 1818 Nov 6 Dept would expect Chinese Govt to waive any taxes fees etc on all property acquisitions and improvements under surplus property agreement on simple basis reciprocity. No transfer taxes or fees charged in US other than recording stamp fee amounting to only few dollars. In negotiations for acquisition full amount transfer taxes fees etc should be credited to US Govt after price property established. Please negotiate carefully on this basis since Dept rather than owners should benefit under this type waiver.

Acheson