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TAXATION RATES

PROPOSED AUSTRALIAN LEGISLATION Brass Association—By Telegraph—Copyright. SYDNEY, November 14. (Received November 14, at 10.45 a.m.) The Attorney-General, Air Boyce, announces the taxation rales, which will bo imposed if the 'Taxation Management Bill is passed. The company tax is graduated, commencing at 2s in the £, with a maximum of 3s ou all foreign companies and State companies with a taxable income, of over £G,OOO. A super-tax of 3d in the £ will be imposed on all companies producing £300,000. Taxation from personal effort commences at 7d, increasing to 4s 3|d, where the income is over £20,000. Tin's is expected to yield £770,000.—Australian Press Association,

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD19281114.2.35

Bibliographic details

Evening Star, Issue 20023, 14 November 1928, Page 5

Word Count
104

TAXATION RATES Evening Star, Issue 20023, 14 November 1928, Page 5

TAXATION RATES Evening Star, Issue 20023, 14 November 1928, Page 5

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