BROKEN HILL PPTY.
Taxation Of New Share Issue
STOCK EXCHANGE ACTION The Stock Exchange Association of New Zealand advises shareholders of the Broken Hill Proprietary Company, Ltd., that, following the recent announcement of the Commissioner' of 'Taxes that the recent new issue of shares in this company was to be included in returns for income tax and Social Security tax purposes, representations were made to the Deputy Commissioner of Tuxes aud, later, to the Minister of Finance, Hon. W. Nash, on the ground that shareholders had received nothing additional from the company, either as dividend or as capital. It is learned that early consideration is being given to these representations and a reply in the near future is expected. In the meantime shareholders are advised to show the number of new shares received by them, either in the forms used in making their returns or by separate letter.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/DOM19400503.2.105.6
Bibliographic details
Ngā taipitopito pukapuka
Dominion, Volume 33, Issue 186, 3 May 1940, Page 12
Word count
Tapeke kupu
148BROKEN HILL PPTY. Dominion, Volume 33, Issue 186, 3 May 1940, Page 12
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