SALES TAX YIELD
OVER £1,000,000 REALISED RETURNS FOR SIX MONTHS Collections of sales tax in the Dominion for the six months ended September of the current financial year totalled £1,174,266, compared with £1,020,841 in the same period last year. The yield in September was £200,300, against £201,446 in v August and £172,945 in September, 1934. The buoyancy of the returns suggests a greatly increased volume of wholesale transactions, the Government Statistican comments. The list of exempted commodities has been extended materially since the tax wns instituted, so that the volume of business must have increased to an even greater extent than indicated by the tax yield.
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Bibliographic details
New Zealand Herald, Volume LXXII, Issue 22261, 8 November 1935, Page 10
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106SALES TAX YIELD New Zealand Herald, Volume LXXII, Issue 22261, 8 November 1935, Page 10
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