DOUBLE INCOME TAX.
.',.." BE,,WAR. .}J u ; <By Telegraph—Press Association.} ..'."'l .' : i..~WELLIXGTb2f J 'r Wednesday. '•"I have made strong representations' myself in London- on-seyeraLoccasions with -regard to -the double' payment of income - tax," '.'said .the . -Minister for Finance -'to*., a re'dorter.. "to-night.,.';' "J discussed' the! matter.' with Mr.. Asquith when he~was-._Chaneellor of-the Exchequer, and again with .Mr.. Lloyd George when- he occupied" that position. T pointed "out to them both the disability that was inflicted upon traders within the Empire" through the double payment of income .tax .by. persons and firms having connections in the Mother Country, and also in one or more Dominions overseas. The matter wa3 fully considered by them, both, but, luriiorturiafeljv' they cpjil.d, not see their way to effect any reform. There is no tioubt that the war will accentuate the trouble by producing large increases in taxation, and I am in full accord with those who are asking now that the anomaly of the double payment should be removed. Many people will find great difficulty in meeting the charges under the conditions created by the war. It should be possible, in my opinion, for each portion of the Empire to levy the taxation that it needs without making ■a charge against- income earned outside its own particular portion of the Emfire." _____.___-__--—-. ■-■*■—-
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Bibliographic details
Auckland Star, Volume XLVII, Issue 53, 2 March 1916, Page 8
Word Count
215DOUBLE INCOME TAX. Auckland Star, Volume XLVII, Issue 53, 2 March 1916, Page 8
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