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GIFT DUTY DECISION.

WELLINGTON, this day. Judgment was delivered in the Appeal Court to-day in the case Commissioner lof Stamps v. Finch. The Court dismissed the appeal with costs on the. lowest scale las from a distance, holding that the i value of the gift was under £1,000, | and, further, that there was no benefit or advantage reserved to the donor; j that the gift was not, "therefore, liable ito gift duty under the Death Duties Acts of 1909 and 1911. On the 21et instant, the New Zealand j Dairy Association, Limited, distributed . amongst its suppliers the sum of ; £65,575 14/4. This payment coi**ered j butter-fat supplied duitog the month lof November. The corresponding p»y- , merit last year -was £49344 2/4. Thns I the increase for the month, as compared I with last yeas', is £15,731 12/.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19121221.2.76

Bibliographic details

Auckland Star, Volume XLIII, Issue 305, 21 December 1912, Page 10

Word Count
137

GIFT DUTY DECISION. Auckland Star, Volume XLIII, Issue 305, 21 December 1912, Page 10

GIFT DUTY DECISION. Auckland Star, Volume XLIII, Issue 305, 21 December 1912, Page 10