Why was the Tea Act of 1773 passed?
Answers
Answer:
On April 27, 1773, the British Parliament passes the Tea Act, a bill designed to save the faltering East India Company from bankruptcy by greatly lowering the tea tax it paid to the British government and, thus, granting it a de facto monopoly on the American tea trade.
Answer:
On April 27, 1773, the British Parliament passes the Tea Act, a bill designed to save the faltering East India Company from bankruptcy by greatly lowering the tea tax it paid to the British government and, thus, granting it a de facto monopoly on the American tea trade.
Explanation:
The Tea Act 1773 (13 Geo 3 c 44) was an Act of the Parliament of Great Britain. ... Parliament passed the Taxation of Colonies Act 1778, which repealed a number of taxes (including the ...
Repealed: 1861
Repealed by: Statute Law Revision Act 1861
Relates to: Sugar Act; Stamp Act 1765; Townshend Acts