ANSWERS TO CORRESPONDENTS.

NZ Truth, Issue 749, 25 October 1919, Page 7

ANSWERS TO CORRESPONDENTS.

"J.S." (Wellington) : 1. OrlofE finished second to Mars m the Wangariui Cup. 2. Sol was not at the meeting. He was only a two-year-old . then. "C. Green" (Wellington): Yes; at the Cup meeting m January. "Constant Reader" (Fairlie): 1. Yes, and ran unplaced; 2. The following season. . *

•■Anxious" (Eltham). £5 is. "Anxious" (Featherston) : Yes, several meetings till Parliament squelched them. "Tich" (Napier): Several days before the meeting, -but you will require to write to Secretary James, Dunedin, for exact time. . "Tatt's" (Auckland): Tattersall's deduct 10 per cent, of the gross receipts, out of which ! / have to pay State taxation, best. all expenses. The Federal Government levies a tax of 13 per cent, on all prize money, which is deducted by "Tatt'a" (as" agents for the Federal Government) before the prize money is transmitted to the winners. Thus the winner of £ 100 cash 'prize receives only £ 87, 'the other £13 being paid into the Federal Treasury by "Tatt's." Taking all things into consideration, the Federal Government's "cut" must amount to about 20 per cent, of the prize money. The Tasmanian State Government collects a stamp duty of 4d on each 5s ticket, . besides taxes on the profits. On top pf this a prize winner m New Zealand has to pay taxation.