A SOUTH AFRICAN PROPOSAL. TAX TO BE DEDUCTED BY COMPANIES. By Telegraph—Press Association-Copyright (I{ec. May 8, 9.15 p.m.) Cape Town, May 8. The Union Government propose a »?. pea' centum tax on the vnlue of all in-fcrcst-benring shares in companies incorporated inside and outside the Union, which the companies are empowered to I'ecovcv from the holders. The inclusion of companies incorporated outside the Union is intended to encompass holders who transfer their South African holdings to the London register of the company in order to escape the death duties. The Government propose to grant partial relief if the major portion of a company's business is outside the Union.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/DOM19120509.2.49
Bibliographic details
Ngā taipitopito pukapuka
Dominion, Volume 5, Issue 1435, 9 May 1912, Page 5
Word count
Tapeke kupu
107TAXING SHARES. Dominion, Volume 5, Issue 1435, 9 May 1912, Page 5
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Dominion. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in