FEDERAL LAND TAX.
BURSTINX-UP TIII-J LARG& estates. By TelostoEh—Press Sydney, Janmrv According to cvHiottco (liven by Sit. M'Kav, Federal Larnl ■ Tax ..Commitsioner, before the Dominions Commis* sion, in llio first yeiii' el the tnr £11,(500,1)00 worth of land passed oH-uS fill® taxable field; in the seroud yeat, £!wi0(),0i10, ami in the third ■. year .C' 2,500,000. The reason, ho says, :* that tltt* tax is undoubtedly prewntinß the accumulation of largo estates, its general cft'ecl 1h ; in tlio diioction of inducing the subdivision of estates.
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Dominion, Volume 7, Issue 1963, 21 January 1914, Page 7
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83FEDERAL LAND TAX. Dominion, Volume 7, Issue 1963, 21 January 1914, Page 7
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