ALLEGED WAR PROFITS CHEATING
— ♦ CHARGES AGAINST LONDON .MERCHANTS. l ' Alfred G. Edwards, William J. Stanfield, and Edgar Boundy, merchants, of Fcncourt, Fenchurch Street, E.C., were summoned at London Mansion House recently for conspiring with the late William Boundy to defraud the lulaud Revenue of large sums diie for income tax and excess profits duty. ■ For the Inland Revenue Department it was stated that in tho business of Edwards and Co.,' Edwards and Staniield wore described as partners and the Boundys" as clerk with fixed salaries. Mr. Shaw, who prosecuted, said the incomo tax figures and tho real profits were: Amount Heal returned, profits. £ £ 1910 674 2,325 1911 :. 681) 2,«2 1912 760 3,668 1913 710 5,227 1914 '.'" 722 4,153 . 1915 710 3,283 i9i6 "I soo 13,179 The firm's private ledger showed that the Boundys were partners. Altogether the Crown, it was alleged, had been defrauded of £1564 income tax and £4290 oxcess profits duty. The hearing was adjourned until November 13, bail being allowed in £500 each.
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Dominion, Volume 11, Issue 100, 21 January 1918, Page 6
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166ALLEGED WAR PROFITS CHEATING Dominion, Volume 11, Issue 100, 21 January 1918, Page 6
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