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LORD VESTEY'S BUSINESS

EVASION OP HIGH TAXES. ; I •..; „.. '■ v' '. _. '. ' (nsiue tmi» AsaociATjoN^-copiMoaT.) I (AOITIUUAN-NIW 2IALANB CAILI ASSOCLITION.) .■"'. -.'" ,; LONDON,, 29th, Jrine. Lord Strachie called attention, in'the House, of Lords to the peerage con-" ferred on Lord Vestey, alleging that Lord Veetey teansferred hia business to Buenos Aires in order to avoid the high' English taxation. '..■■'" V." •.' '. .'■ " ■ ':, -.• „'.: . ■ : Lord "Vertey replied that he.transferred his foreign business to Argentina because of the high taxation arid American competition, but his English business remained and'paid English taxes. It became a question whether he should sell his business to /American-.''cbmpeti--tors or build works in the countries from which Britain imported meat. • Before he did so he tried to come to an.arrange-. ment with -the British. Government, in order'to enable himto compete, with the Americans on equal terms, but the Government could not suggest a remedy. If this course had; not / been taken the American meat companies 'would' have eliminated their chief competitor."' ■ .■

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19220701.2.37.1

Bibliographic details

Evening Post, Volume CIV, Issue 1, 1 July 1922, Page 7

Word Count
155

LORD VESTEY'S BUSINESS Evening Post, Volume CIV, Issue 1, 1 July 1922, Page 7

LORD VESTEY'S BUSINESS Evening Post, Volume CIV, Issue 1, 1 July 1922, Page 7

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