TREASURY LOSSES.
BETTING TAX SEQUEL. (Received 12 noon.) LONDON, December 19. The Treasury since the operation o the betting tax has been losing half t< one-third of the normal entertainmen tax yields from race' meetings. In the House of Commons last Thurs day, Mr. Ronald McNeill (Financial Sec retary to the Treasury) stated that th revenue from betting taxation in Novem ber amounted to £327,000, of whie £17i,000 was duty on certificates an £156,000 betting duty.
(By special arrangement, Renter's Worl Service, in addition to other special source or Information, Is used in the compllatio or the oversea intelligence published In thi issue, and all rights therein In Australi and New Zealand are reserved.)
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Bibliographic details
Auckland Star, Volume LVII, Issue 301, 20 December 1926, Page 7
Word Count
114TREASURY LOSSES. Auckland Star, Volume LVII, Issue 301, 20 December 1926, Page 7
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