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PATRIOTIC FUNDS

DONATIONS AND TAXATION

«f l «? ,Or i in^i to 5 mee ting of council of the Auckland Chamber of Comt'SST*^ 11 * 18 " lorning on the suggesftSTi I 1 donations to patriotic funds should be exempted from income tax. the president. Mr. L A w dy '», Sa J d that *. he Associated Chambers had gone into the matter and considered that it would involve such a o d i! Par , tU J e a l d so much alteration to legislation that it could not see its way to pursue the question. Mr. Gainor Jackson said that the suggestion was right fn principle, for it was not right that a firm which gave a donation of say £1000 should be required to pay social securitv national security income and excess Profits taxes on the amount Other members were not optimistic as to prospects of getting the Government to act in the matt"? but the subject was referred to the Par Jra^St TaXati ° n £«?e r e

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19410612.2.92

Bibliographic details

Auckland Star, Volume LXXII, Issue 137, 12 June 1941, Page 8

Word Count
167

PATRIOTIC FUNDS Auckland Star, Volume LXXII, Issue 137, 12 June 1941, Page 8

PATRIOTIC FUNDS Auckland Star, Volume LXXII, Issue 137, 12 June 1941, Page 8