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VICTORIA.

At,^*- i. M t ELB °PRNB, Tuesday. Attention has been drawn to the fact that the Income Tax Bill, dob- before the Legislative -differs from the former bill by compelling Britlah or outside companies or institutiona located here to pay a 4d in the £1 on their profit*. The debate is proceeding. The motion for the'reduotlon of railway freights provides that the deficiency caused by the reduction be made up from the general revenue, and if necessary that direcb taxation be imposed to oover the ions. Mr Wheeler ad verse/y oriHofeed* the motion, which he declared Involved on outlay of over half a million. The Mialater for Railways said the Government had no objection to the reduction if the deficit was' made up. The Premier said he would oppose the motion unless it was ] modified so ob to eeonre direoft taxation, j

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HBH18950123.2.6.1

Bibliographic details

Hawke's Bay Herald, Volume XXX, Issue 9895, 23 January 1895, Page 2

Word Count
143

VICTORIA. Hawke's Bay Herald, Volume XXX, Issue 9895, 23 January 1895, Page 2

VICTORIA. Hawke's Bay Herald, Volume XXX, Issue 9895, 23 January 1895, Page 2