TAXATION QUESTION.
“I feel that the unfairness of the taxation legislation justifies me in directing public attention “I 6 fact that the Income Tax Department is now claiming income tax from such organisations as the automobile associations. Tax is demanded on all income other than subscriptions and scant allowance permitted tor the cost of earning that income nor is anv regard had to the fact that any such income is derived from within the circle of our own membership. Even staff provident funds have been assessed, thereby depleting the savings of individual members of the stall which thev had been hoping would accumulate ‘ for their ultimate retirement. The payment of taxation is never a pleasant operation, but m the case of 11011-trading concerns I can see no justification whatever for the rapacity of the taxgatherer.”—Excerpt from the presidential address delivered to the annual meeting of the North Island Motor Union to-day.
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https://paperspast.natlib.govt.nz/newspapers/MS19350823.2.159
Bibliographic details
Manawatu Standard, Volume LV, Issue 227, 23 August 1935, Page 16
Word Count
151TAXATION QUESTION. Manawatu Standard, Volume LV, Issue 227, 23 August 1935, Page 16
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