SALES TAX ON TIMBER
REVIEW AT AN EARLY DATE LETTER FROM MR NASH “It is anticipated that the whole question of sales tax on timber will be reviewed at an early date,” stated Mr Nash, Minister of Customs, in a letter received at a meeting of the Executive of the Auckland Province of the Farmers’ Union on the 20th. instant. The executive had asked the Minister for particulars o fthe amount of sales tax payable on logs sawn into timber from farming properties. Mr Nash replied that pinus insignis and white pine were exempt from sales tax. Where other timbers were sawn by the farmer for his own use, no sales tax was payable, unless he was engaged in the manufacture for sale of timbei’* or other taxable goods. No sales tax was payable for farmers who supplied logs to millers, but the millers were liable for sales tax on the timber produced from these logs, even although the logs remained the property of the sender or were for his own use.
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Bay of Plenty Beacon, Volume 9, Issue 58, 3 April 1946, Page 2
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172SALES TAX ON TIMBER Bay of Plenty Beacon, Volume 9, Issue 58, 3 April 1946, Page 2
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