INCOME TAX CASE.

Timaru Herald, Volume XIIC, Issue 14055, 12 November 1909, Page 5

INCOME TAX CASE.

JUDGMENT'RESERVED. Per Press Association. t>UNEpiN;:Nov. 11...,. At the .to-day iJie Commissioner <ff Taxes sought to recover from Gcb¥go>Xyoji"Denniston £35 4s Od '.frith 10' per- &TOr6's6'-''»„'-.."''•-.•■ Defendant iri liis said he had been assessed a"S agent! for certain •hon-residehtial and '(:().' (Calcutta), and Patterson, Simons and Co. (Singapore). 'He had not done any business * for "McLeod and, 06. for two years, hut lie still, took orders for Patterson, Simons and Co.' and forwarded them to his pririciuals who could refuse or 'accept"the orders as they thought fit., 'Goods' were sold o.i.f. and were delivered f -£p 'a customer on his / draft being; honoured. Witness' responsibility ended 'VJien the order was accepted. [ He" did not handle either the goods money, and settled with liis 1 principles with regard to the commission at. .the. end of each year. V. "^ ..:, Counsel for tlio defence contended that the defendant was,6'nly' liable to pay. taxes on. such income his hands or was controlled by Inn;. Another defence was that', the. pit fitswere not earned in New Zealand but in Singapore, where, the contract was accepted. Counsel for the prosecution aij.-'uod. that as the defendant; was awnt ho was taxable. There couid be no profits until the money was made and the money and profits were made and paid in New Zealand. Mr Widdowson, S. M. reserved judgment.