LOADING ABSENTEES.

Taranaki Herald, Volume LIV, Issue 13480, 20 July 1907, Page 5

LOADING ABSENTEES.

Notwithstanding anything hereinbefore contained every taxpayer who on the thirty-first day of March in any year is an absentee shall be liable for graduated laud tax at a rate greater by fifty per centum than the rate at which he would have been assessed independently of this section.

Every person shall be deemed to be an absentee unless he has been personally present in New Zealand for at least one half of the period of four years immediately preceding the year m and for which he is assessed for graduated land tax ; provided that no person who has acquired all his land in New Zealand within the said period of four years shall be deemed to be an absentee if he has been personally present in New Zealand for at least one naif of the period which has elapsed between the time when he first acquired any of that land and the commencement of the year in and for which he is assessed for graduated land tax. If an absentee taxpayer is liable to be assessed for graduated land tax jointly with any other taxpayer who is not an absentee they shall be assessed and liable jointly as if neither was an absentee and the absentee taxpayer shall also be separately assessed and liable- for the additional tax imposed by this section.