SOUTH AFRICA.
ENCOMPASSING TAX SHIRKERS. i.By hlectr;c Telegraph — Copyright J (Per Press Association.) lUcd. 9.30 p.m.) CAPETOWN, May 8. Tho Government propose a quarter per centum tax on the value of all Lir.ercsc-beanng' shares in companies incorporated mside lin d outside the Union, which companies arc to be empowered to recover i'roni the holders. The. inclusion ot companies incorporated outside tho Union is intend-. • cd. to encompass * holders who transfer Soudi Afncan holdings to a London company xn oraor to escape death duties. The Government propose to grant partial relief if tho major portioa of the companies' business is outside the Union.
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Bibliographic details
Grey River Argus, 9 May 1912, Page 5
Word Count
102
SOUTH AFRICA.
Grey River Argus, 9 May 1912, Page 5
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