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GROWTH OF TAXATION

COMPANY PAYMENTS “NEARLY £IOOO A WEEK” Tho amount paid by the Farmers’ Trading Company, Limited, in taxation in tho financial year which closed on March 31 was t-lie subject, of a quostion by a shareholder at the annual meeting at Auckland. In reply the chairman, Mr. A. A. Ross, said the company was paying 7s fid in the pound on its net profit, while land tax had increased by about £I2OO.

“Taxation absorbed about £l7,non in the year, or not far of) .£1001) a week,” said the general-manager, Mr. R. A. Laidlaw.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PBH19370630.2.134

Bibliographic details

Poverty Bay Herald, Volume LXIV, Issue 19364, 30 June 1937, Page 15

Word Count
95

GROWTH OF TAXATION Poverty Bay Herald, Volume LXIV, Issue 19364, 30 June 1937, Page 15

GROWTH OF TAXATION Poverty Bay Herald, Volume LXIV, Issue 19364, 30 June 1937, Page 15