DOUBLE INCOME TAX.
SUGGESTED REMOVAL. IiOXD..N. October l-*i. ■sir l-'rancis Hell received a deputation from lhe Xew Zealand an.! Australian Agents' Association, which urged the necessity of reducing Ibe heavy taxation on companies having head uftiivs in London, and asked that the Xew Zeahind (lOvernment sanction the proposals of the New Zealand Taxation Committee, particularly the removal of the double income tax and Hie adoption of lhe individual system of taxation. The deputation pointed out that, some companies were taxed to '.he extent of I l/ll in the pound in addition lo the British Corporation I rolii.- tax. Sir l-Yan.-.is Bell promised in lay tindcpulat ion's views before the (tavernment. He said that, he and lhe t.'oveni ment recognised that, Ihe com jinnies re presented were doing good work for the Dominion, and insi.-ad of .-rippling them by taxation their suggestions should re- :- ive con = ; b-i-ati- i i- far ;i- pract i: abb iA. arid N.Z. Cable.l
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Bibliographic details
Auckland Star, Volume LIII, Issue 245, 16 October 1922, Page 5
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157DOUBLE INCOME TAX. Auckland Star, Volume LIII, Issue 245, 16 October 1922, Page 5
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