EXCESS PROFITS TAX
. CASE -OF. ANGLO-AUSTRALIAN COM- ■•;'.'. PANIES. Br TelegTapn—Press Association—Copyright ■■■''■';■. London, May 12. • There is a strong feeling among directors of Anglo-Australian companies that the excess profits tax in Australia should be: based on the same standard as tho English tax, namely, tho profits to be , compared with the two pre-war. years, otherwise thero will be serious complica- ,. tions... .).'.'.- -The general feeling is that the tax accentuates the injustice of the double income tax,-as Anglo-Australian companies will .be mulct five times; namely,. State . income tax, Federal and English income taxes, excess taxes upon the 'Same, earn- .-' ing,, in addition to royalties if mining companies. '/:.-,
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Dominion, Volume 9, Issue 2771, 15 May 1916, Page 5
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105EXCESS PROFITS TAX Dominion, Volume 9, Issue 2771, 15 May 1916, Page 5
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