TOTALISATOR TAX
ONE PER CENT. REFUND
INSTRUCTIONS TO CLUBS (By Carbine.) All racing clubs in New Zealand have been officially notified that legislation authorising them to retain 1 per cent, of the 5 per cent, totalisator tax has been passed by Parliament, and directions have been given the clubs as to the procedure they should follow now. The instructions run as follows: Those clubs which have paid the full 5 per cent. Government totalisator tax for meetings already held during the current racing year require to make immediate application to their local Assistant Commissioner of Stamp Duties for a refund of 1 per cent, of such tax. Those clubs which have not yet held meetings will retain 1 per cent, out of the 5 per cent. Government totalisator tax up to July 31, 1938.
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https://paperspast.natlib.govt.nz/newspapers/CHP19371209.2.115.5
Bibliographic details
Press, Volume LXXIII, Issue 22271, 9 December 1937, Page 14
Word Count
134TOTALISATOR TAX Press, Volume LXXIII, Issue 22271, 9 December 1937, Page 14
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