COMPANY TAXATION

Hawera & Normanby Star, Volume XLII, Issue XLII, 4 May 1923, Page 5

COMPANY TAXATION

«, T EFFECT ON FARMERS. i

(BY TEL2GRAPII—PUWSS ASSOCXATiON ) i WELLINGTON, May 3. ! In a statement to the press, Mr assey denies the accuracy of stateents made by Mr. W. D. Hunt at a eeting of the Dominion executive of ie Farmers' Union regarding the taxam of mining companies and the efct upon money for farmers. If com'ny taxation was reduced, says Mr. assey, the revenue required * would ive to be made up by the imposition t at least a minimum- of 3s in the £ v c-.ime tax, which would merely shift a ie burden from the shoulders of cor- o •rations to the backs of individual 1 aders, farmers and other taxpayers, r Rose whole income-earning .nower is l snerally in their own personal exer- f on. and net greatly dependent on the t -pital they employ. a