AUSTRALIAN PROFITS LAWS
(Special Correspondent) The decision to limit has been reaffirmed by the Frtertl Cabin*! and instructions _ have been given to draft the necessary legislation. Special proposals governing the averaging of profits to cover lean years and the payment of preference divided ratlon : A proposal has been made that KSStIS 1 e j S re dividends shall be treated aa interest and considered as part of a company's expenses instead of being regarded as profit.
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Auckland Star, Volume LXXIII, Issue 165, 15 July 1942, Page 3
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76AUSTRALIAN PROFITS LAWS Auckland Star, Volume LXXIII, Issue 165, 15 July 1942, Page 3
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