COURT OF APPEAL

Hawera & Normanby Star, Volume XLI, Issue XLI, 5 July 1921, Page 7

COURT OF APPEAL

AN INTERESTING CASE

(BY TELEGKAPR —"PRESS ASSOCIATION.) WELLINGTON, July 5. The Court of Appeal was occupied this morning in hearing argument in I a case stated by the Commissioner of Taxes. The case arose out of a claim by Ward and Co., Ltd., brewers, Christchurch, that the sum of £2123 3s lid expended by the company in fighting the 1919 licensing poll should be exempt from income "tax. The company baser 1 its claim to exemption on the ground that the expenditure was a legitimate and necessary expenditure to protect the company's revenue and enable it to continue its business, and that tne expenditure was; exclusively incurred in I the production of assessable income, the subject of the assessment. At the hearing this morning Mr. Blair, and with him Mr. Cooke, appeared for the company and Mr. W. C. MacGregor, K.C., Solicitor-General, for the Commissioner of Taxes. Mr. Blair, for Ward and Co., Ltd., contended that the expenditure was necessary to put the point of view -of the liquor party before the public and the expenditure was incurred for the purpose of assuring the life of the company. It was not, he said, capital Argument is proceeding.