TAXES EVADED.
BY BIG CORPORATIONS. AM ERIC AN ALLEGATIONS. (Received Thursday, 8.130 a.m.) WASHINGTON, Wednesday. How hundreds of millions of tax payments are alleged to have been evaded by big corporations was described before the Senate Committee.
Senator Couzens started the enquiry, and now is himself being investigated or a charge that he still owes the Government ten million dollars overdue taxes on huge earnings in Ford stock. Senator Couzens immediately replied by calling Secretary Mellon to explain why the United States Steel Corporation was allowed to use the amortization scheme, which saved them 27 million dollars, and the Aluminium Company a third of that amount. Senator Couzens promises another Teapot Dome case, which itself is in the court again.
The Government has opened an action in the Idaho Courts to recover great oil properties leased by the former Secretary Fall. —Aus. and X.Z. Cable Assn.
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Wairarapa Daily Times, 12 March 1925, Page 5
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146TAXES EVADED. Wairarapa Daily Times, 12 March 1925, Page 5
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