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INCOME TAX CASE

ASSESSMENT DISPUTE MEMBER OF PARLIAMENT ALLEGATIONS BY CROWN (Received February 18, 1.15 a.m.) SYDNEY. Feb. 37 The High Court, Sydney, is hearing an appeal by Theodore Charles lrautwein, a member of the New South Wales Legislative Council, against Federal income-tax assessments for the years 1921 to 1927. The assessments and penalties in dispute total £162,000. Mr. Mason, K.C., for the appellant, submitted that the Court had to decide, among other questions of fact, whether the appellant had made large sums from betting transactions, and if so whether it was a business.

Mr. Lamb, K.C., for the Commissioner of Taxation, said this was one of the most disgraceful attempts to evade payment of income-tax that had ever come before the Court. Trautwein had practically admitted that his income for the period in dispute must ha\e been £131,000. There was no evidence to show that any portion of that sum was attributable to betting. Mr. Lamb alleged that Trautwein had evaded his liabilities by making false statements to the department and to his own accountant, and by deliberate perThe case was adjourned.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19360218.2.77

Bibliographic details

New Zealand Herald, Volume LXXIII, Issue 22346, 18 February 1936, Page 11

Word Count
183

INCOME TAX CASE New Zealand Herald, Volume LXXIII, Issue 22346, 18 February 1936, Page 11

INCOME TAX CASE New Zealand Herald, Volume LXXIII, Issue 22346, 18 February 1936, Page 11