PROFIT CHANGED TO LOSS.
(By Telceraph.—Press Association.) Timaru, May 21-. The South Canterbury Jockey Clubs autumn meeting yielded a profit of ■£-'«> but the Government tax is .£393, so that the net result is a loss. The club's committee propose to remit le the Racing Conference a proposal as follows:—' J'nat the tax should be levied on the net profits, not on the gross receipts."
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Dominion, Volume 5, Issue 1446, 22 May 1912, Page 3
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64PROFIT CHANGED TO LOSS. Dominion, Volume 5, Issue 1446, 22 May 1912, Page 3
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