LAND TAX PAYMENTS
DEMAND ON MORTGAGEES (Per Press Association.) WELLINGTON, this day. The Land and Income Tax Act gives the Commissioner of Taxes power to call upon mortgagees to pay land tax when a mortgagor falls into arrears, and this power has been exercised recently. Land tar is the first charge on the land, and takes precedence over rates. It is understood that a number of mortgagees from whom the land tax has been demanded have placed their Eosition before the Government, and efore payment is actually enforced the circumstances of each case will bo taken into consideration.
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Bibliographic details
Poverty Bay Herald, Volume LX, Issue 18192, 13 September 1933, Page 11
Word Count
98LAND TAX PAYMENTS Poverty Bay Herald, Volume LX, Issue 18192, 13 September 1933, Page 11
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