CHAMBER OF COMMERCE

Evening Star, Issue 24297, 11 September 1942, Page 5

CHAMBER OF COMMERCE

At an executive meeting of the Dunedin Chamber of Commerce various matters concerning taxation were discussed, and the activities of the Taxation and \ igilance Committee of the Associated Chambers of Commerce in Wellington were noted with aP The'action taken in connection with the following matters was strongly supported; —Taxation of non-resident traders; double taxation of overseas companies; the cost of the reinstatement ot earthquake damage the method of assessment pt tax on recipients of earned, “ unearned.; and nonassessable income, under the I'in.uice Act. 1942; the wide power given to the Commissioner of Taxes under the I'nmm Act, 1942 for collection, and preferential collection, from collectors of tax payments m default bv taxpayers; the question of allowances ‘from assessable income lor depreciation on leasehold premises. P Surprise was expressed by members that, although some months ago the Minister of Railways had advised that no railcar was available for service in and out ot Dunedin, it had been noted that a service had been commenced on the West Coast It was decided to communicate with the Minister drawing his attention to this lact. There wore further reports on pillaging, or pilfering (which name found approval), and the Imports Committee was asked to prepare a full report for the council meeting next week. T . , „ A letter was received frorn the High Commissioner for Canada advising that the Canadian Government had- enacted a V\ ar Risk Insurance Bill enabling merchandise for shipment in store or m warehouse in Canada to be insured for up to toU.UcKJ. The following seven firms were recommended to the council for election to membership :-Mcssrs Walter Ellis and Co T. Hoave and Sons, Hope and Kinaslon Crystal Foodstuffs Lid., Turner Bros., AVanaka Motors Ltd., Thomas Ness and Son.