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What act created the first tax intended to generate revenue for the British rather than to regulate trade?
Wiki User
∙ 9y ago
The first tax act passed by Parliament to generate revenue for the British was the Stamp Act of 1764. It was a direct tax that required that all printed materials be produced on paper carrying a revenue stamp. The tax had to be paid in regular British currency as opposed to colonial money.
Wiki User
∙ 9y ago
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What act created the first tax intended to generate revenue for the British?
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