THE INSURANCE TAX
AN INEQUITABLE LEVY CHAMBER, OP COMMERCE VIEW [ Per Press Association.] DUNEDIN, March IG. . A meeting of the council of the Dunedin Chamber of Commerce to-night discussed the. proposal of the Government to levy a tax of Is lid per cent, on insurance companies to raise £1,500,000 in connection with earthquake disaster relief.
It was agreed to write to the Associated Chambers pointing out that the proposed tax was inequitable, as it would hit only one section, namely that section that insured, and that the matter, being one of national importance, a more equitable method of raising the necessary amount should be adopted.
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Stratford Evening Post, Volume I, Issue 83, 17 March 1931, Page 5
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105THE INSURANCE TAX Stratford Evening Post, Volume I, Issue 83, 17 March 1931, Page 5
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