TAXATION REDUCES PROFITS
bMr. E. W. Evans, chairman of the
Union Oil. Soap, and Candle Company.
Ltd., Auckland, informed shareholders ■n at' their 'annual meeting on bFriday that increased taxation had absorbed
the benefit of increased trading. While
gross profit was £533 higher, over £1300 more had had to be found for taxation, which consequently had resulted in a reduced net profit.
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https://paperspast.natlib.govt.nz/newspapers/EP19391113.2.120.4
Bibliographic details
Evening Post, Volume CXXVIII, Issue 116, 13 November 1939, Page 10
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62TAXATION REDUCES PROFITS Evening Post, Volume CXXVIII, Issue 116, 13 November 1939, Page 10
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