LIABLE TO TAXATION.
I BROKEN HILL PTY. BONUS. 1 inv Telegraph.—Press Association, t | WELLINGTON, Friday. ! tho liability to taxation in ; New Zealand ut the bonus shares recently I it-sued by the Broken lli 11 Proprietary ! Company. Limited, io shareholders resident- in Now Zealand, the CommLssioner ! or" Taxes advises shareholders that for j ineome tax purposes the value of the bonus shares allotted is deemed to be dividend and should lie included in pane four, part '.A. of the ineome tax return form relating ! to income from dividends, etc., For social security contribution purposes, the paid up value of the bonus shares is deemed to be dividend, and should be included in line vi. of the social security declaration of income other than salary or wages.
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https://paperspast.natlib.govt.nz/newspapers/AS19400413.2.22
Bibliographic details
Auckland Star, Volume LXXI, Issue 88, 13 April 1940, Page 4
Word Count
125LIABLE TO TAXATION. Auckland Star, Volume LXXI, Issue 88, 13 April 1940, Page 4
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Acknowledgements
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