WAR-TIME PROFITS TAX.
UNION COMPANY LIABLE. A. end N.Z. SYDNEY, Dec. 8. The High Court, in the appeal of the Union Steam Ship Company asainst the PSFessment of its war-time profits by the Federal Taxation Commissioner under War-time Profits Tax Act, decided that the company is not entitled to rely upon any objection, other than the. objection ''"fit the assessment was excessive. The Court also decided that the assessment made by the commiFSJoner. w?s not excessive, "and remitted the master to the Supreme Court.
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New Zealand Herald, Volume LVII, Issue 17649, 9 December 1920, Page 7
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84WAR-TIME PROFITS TAX. New Zealand Herald, Volume LVII, Issue 17649, 9 December 1920, Page 7
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