TAX EVASION CHECK
AMENDMENTS TO ACT REMOVAL OF ANOMALIES (Parliamentary Reporter.) WELLINGTON, this day. The most important provisions of tlie Land and Income Tax Amendment introduced in the House of Representatives yesterday are designed to prevent the evasion of taxation which the Minister of Finance, the Hon. W. Nash, has stated publicly is taking place. The whole position of land and income tax was the subject of investigation by an expert committee. While it is impossible to legislate regarding the whole el’ ihe recommendations, its major suggestions regarding the removal of anomalies in taxation and the prevention of evasion have been included. An alteration in the procedure in connection with insurance payments will operate to prevent the evasion of income tax. Some remissions are also understood to be included in this clause of the measure, but they, cannot operate this year.
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Bibliographic details
Gisborne Herald, Volume LXVI, Issue 20056, 30 September 1939, Page 15
Word Count
141TAX EVASION CHECK Gisborne Herald, Volume LXVI, Issue 20056, 30 September 1939, Page 15
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