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Tax, Medicines and the Law: From Quackery to Pharmacy

Autor Chantal Stebbings
en Limba Engleză Paperback – 12 dec 2018
In 1783, a stamp duty was imposed on proprietary or 'quack' medicines. These largely useless but often dangerous remedies were immensely popular. The tax, which lasted until 1941, was imposed to raise revenue. It failed in its incidental regulatory purpose, had a negative effect in that the stamp was perceived as a guarantee of quality, and had a positive effect in encouraging disclosure of the formula. The book explains the considerable impact the tax had on chemists and druggists - how it led to an improvement in professional status, but undermined it by reinforcing their reputations as traders. The legislation imposing the tax was complex, ambiguous and never reformed. The tax authorities had to administer it, and executive practice came to dominate it. A minor, specialised, low-yield tax is shown to be of real significance in the pharmaceutical context, and of exceptional importance as a model revealing the wider impact of tax law and administration.
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Specificații

ISBN-13: 9781108716994
ISBN-10: 1108716997
Pagini: 256
Dimensiuni: 151 x 229 x 13 mm
Greutate: 0.35 kg
Editura: Cambridge University Press
Colecția Cambridge University Press
Locul publicării:Cambridge, United Kingdom

Cuprins

1. Proprietary medicines and the fiscal state; 2. The medicine stamp duty and the authority of law; 3. The tax and the profession of pharmacy; 4. The tax and the integrity of medicines; 5. The demise of the tax.

Notă biografică


Descriere

This book reveals the surprising impact of medicine stamp duty (1783–1941) on pharmaceutical practice and the interface of law and government.