Income Tax Exemption.

Horowhenua Chronicle, 19 March 1910, Page 4

Income Tax Exemption.

i 3 A colTcsp:;'ll'it ■!!t "H.Ij.J." 011:■ll ii: ■ • nln t ,-nv tin' I'Xi'ltl j)t ions to j I Ik 1 |i::\ 11;i'111 ill' I ncoitit' T:i\. There i- ■' i.m!\ liniv; li.st (il exemptions, '! ! 'V :I I l■; ; The iin-onii' of tlio Crown : ' Tin 1 salary and emoluments of the ■ Governor : i I nut horit.iex : ; Krieirih. societies in nspect ol' I '.iivin,.v« enrried nil within their .->i:• 11> of int*nll>!■ rsliij) (Wily : ; !?nii;'i;:'i soci-'t ies : J i'i:l-• ii<• c!i'ii'it;il»lo and public oduj ! i';ll *i I institutions : : S-i> i)t'..x.|,jiiiks: ■of Goner.il Gov- • enm: -til ••.•cl loeul hotly sinking . I ; ' i■l s: licli'.'i"ii« -:'!(• ii> 1 iis, so fin' :is the ; 1 ■ i:ls mi- devoted to the support j I ip.'j '1 or infirm ministers of their j pensioners, so far only |as Iln- amount of the p 'iision is ■ iiw ii I'm;:,! the Crown ;in:l ehnrrjfj v ! with inrmie-l.nx ill Grru Hrit'lill I :•!• some I'ritish possession ; Ainy <■ -ep-'rative dairy f:<ctorv i !,>i>:i!iy. so far as income is derivj. | | rum dairy produce supplied hv , if s own slia rehoiders ; ■ I'uMic - :"iet:ey not oni'ryiing on 1 ;u<iiless for pecuniary gain ; I The owner of land in respect of I '!•" rent ilien- if. or the profits derived from the direct use or "tiltiI \■> i ion I lie real : j A iiKiriL'-t.u'''!* of land.