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DEATH DUTIES.

AVOIDED BY MILUONAIRES. SIR ROBERT HOUSTON'S WILL. (BY CABLE—JBESS ASSOCIATION—COPYRIGHT.) (AUSTRALIA* AKD S.Z. CAEW ASSOCLITIOir.) (Received April 22nd, 8 p.m.) . LONDON, April 21. The lato Sir Robert Houston made his will in Jersey, whiore he claimed domicile. This is likoly to prove a heavy blow to the British Exchequer, as no death duties are levied in Jersey. [The late Sir Robert Houston, head of the Houston steamship line, was for many years a member of the House of Commons, retiring at the last election. He left a fortunes estimated at £7,000,000.] EXCHEQUER MAY LOSE £3,000,000. (Sidxev "Sujr" Seevice.) (.Received April 22nd, 8 p.m.) LONDON, April 21. The newspaper "Sketch" says that the highest legal authority states that Jersey domicile completely protects Sir Robert Houston's estate from death duties estimated to amount to £3,000,000. The "Daily MaiH" states that the Treasury will probably bring a test case- in order to rjecure a ruling regarding Channel Inlands domicile.

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https://paperspast.natlib.govt.nz/newspapers/CHP19260423.2.82

Bibliographic details

Press, Volume LXII, Issue 18673, 23 April 1926, Page 9

Word Count
158

DEATH DUTIES. Press, Volume LXII, Issue 18673, 23 April 1926, Page 9

DEATH DUTIES. Press, Volume LXII, Issue 18673, 23 April 1926, Page 9