PRIVATE COMPANIES
EVASION OF LIABILITIES
"We are all aware of practices within the law which are definitely, unmoral," remarked Mr. E. D. Wilkinson, the newly-elected president of the New Zealand Society of Accountants, at last night's meeting" of the society. He declared that certain private limited liability companies manipulated their affairs to escape taxation and used the law as a cloak to evade just liabilities. That was often done by people who were well able to met their obligations. Accountants should have no hesitation in pointing out certain conduct which might be wit;.in the letter of the law but broke its spirit and was distinctly not moral.
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Bibliographic details
Evening Post, Volume CXXVIII, Issue 48, 26 February 1942, Page 6
Word Count
107PRIVATE COMPANIES Evening Post, Volume CXXVIII, Issue 48, 26 February 1942, Page 6
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