FILM HIRE TAX
BASIS OF RENTING. Wellington, September 26. In a statement replying to Sir Victor Wilson’s protests against the imposition of the dim hire tax, the Acting-Prime Minister says the Government will not consider further taxation on a footage basis, but is willing to hear any representations in regard to taxation on an ad valorem basis, with a view to possible legislative amendments next session. Mi’ Ransom explains that the whole basis of film renting in the Dominion works backward from the box office.
The hire tax is the most equitable way of making the levy. To do otherwise would be equivalent to charging a duty by a yard on cloth, irrespective of whether it 1 is silk or cotton. As the industry is carrying with comparative equanimity in other countries taxation at least as heavy, if not heavier, than has been imposed in New Zealand, it is quite evident that the amount to be paid until such time as a review can lie made will not cripple the industry.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HBTRIB19300927.2.50
Bibliographic details
Hawke's Bay Tribune, Volume XX, Issue 239, 27 September 1930, Page 7
Word Count
171FILM HIRE TAX Hawke's Bay Tribune, Volume XX, Issue 239, 27 September 1930, Page 7
Using This Item
NZME is the copyright owner for the Hawke's Bay Tribune. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in