FEDERAL INCOME TAX
DIFFERENTIATION URGED. REPORT BY COMMISSION. Australian and N.Z Cable Association. (Reed. 11.20 cm.) MELBOURNE. April 21. The second report of the Taxation Commission recommends that differentiation be j made, between incomes derived from per- ! sonal exertion and those derived from property, with a discount of 15 per cent, allowed on the former in the event of necessity in raising the rat e of taxation. The report recommends the imposition of a tax on incomes derived from sources ! outside Australia, or a t»J on the profits of sales abroad of exports from Australia.
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Bibliographic details
New Zealand Herald, Volume LIX, Issue 18072, 22 April 1922, Page 9
Word Count
95FEDERAL INCOME TAX New Zealand Herald, Volume LIX, Issue 18072, 22 April 1922, Page 9
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