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PROFITS ON PETROL.

COMPANIES IN AUSTRALIA. CANBERRA, Dec. 4. An announcement that a Royal Commission will inquire into petrol and oil profits is expected to result from consideration by Cabinet of a report by the Taxation Department on the companies’ operations. One allegation is said to be that some companies derive a profit of 9d a gallon on petrol. The Deptly-Leader of tho Country Party stated in the House of Representatives that one company had escaped taxation to the extent of £360,000 over a period of years.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS19321205.2.89

Bibliographic details

Manawatu Standard, Volume LIII, Issue 6, 5 December 1932, Page 7

Word Count
87

PROFITS ON PETROL. Manawatu Standard, Volume LIII, Issue 6, 5 December 1932, Page 7

PROFITS ON PETROL. Manawatu Standard, Volume LIII, Issue 6, 5 December 1932, Page 7