SUBSTANTIAL PENALTIES

Otago Daily Times, Issue 24627, 7 June 1941, Page 11

SUBSTANTIAL PENALTIES

FAILURE TO MAKE RETURNS OF INCOME :

(PAI AUCKLAND. June 6. Harold Grey Keane, a company manager, and Roy McDonald, a commercial traveller, each pleaded guilty in the Police Court to-day to four charges of failing to make returns of income. Prosecuting for the Commissioner of Taxes Mr G. S. Meredith said that Keane had not furnished a return since 1930, while McDonald had never put in a return. " These men, who are the principal shareholders in the company, have been paying income tax on default assessments," Mr Meredith said. "Requests made by the department have neither been acknowledged nor complied with." Counsel pressed for a substantial penalty, stating that the maximum was £IOO on each of the four charges. Defending counsel, Mr Wilson, said the defendants had been foolish, but had paid on substantial default assessments. „ On each of the four charges each defendant was fined £ls, plus £2 2s solicitor's fee, on each information.