BANK DIVIDEND
■ n - NEW BASIS OF TAXATION Special interest attaches to ths Wn> tion yesterday by the directom (Tv'* Bank of New Zealand of the iataria M>|§£ dend of Bd a ahare, or 9% per east* far the half-year ended September 30 riMp is the first declaration sinca kfWsHm was passed under which not be required to pay social and security tans on tho dividend. m'MmMchargaa will have already bean taxation on the bank's profits- The«pasjh.>n; ment to the law placed the bask ia •§?;/ < position of most trading eompaam cis. XJta halt-yearly SWdtPd on SMHMJ* sffifsa r^svztmm S is eC iti per ewt par inns, lewMQlMr erery lod sr erery pert ot eecurity law. Thete taxes win bo mmm by the bank lint pad of betas paM trApH as Dmrloastar. and tht rttun mmm tM The Interim distribution aa onJtoan' SM M December 6 will abeort white m WO».-. raent on the D long-tarn Ikins «ffl a>M* • SlT.iTi. Ittt tecurlty taws
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Bibliographic details
Auckland Star, Volume LXXII, Issue 247, 18 October 1941, Page 4
Word Count
161BANK DIVIDEND Auckland Star, Volume LXXII, Issue 247, 18 October 1941, Page 4
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