LAND AND INCOME TAX
THE AMENDING PROPOSALS. (Our Parliamentary Correspondent.) WELLINGTON, Oct, 12. The Land and Income Tax Amendment Bill dealing with conditions of the land and income tax for next year, was put through committee and passed to-night after considerable discussion, some more Government amendments intended to improve the various clauses,, being introduced. There was (added provisions making local and public authorities agents of their debenture holders for th c purpose of collection of income tax. The further provision was made that 1 “nothing in this section, shall be so construed as to render liable to income tax any income that is exempt from taxation by virtue of section eighty four" of the principal act. This section of the 1916 Act is the one provisioning exemptions from income tax and is amended to a certain extent by previous provisions in the present bill, the principal of Avhich remaining is the 'abolition of the special exemption of co-operative butter and cheese factories.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/HOG19201013.2.4
Bibliographic details
Ngā taipitopito pukapuka
Hokitika Guardian, 13 October 1920, Page 1
Word count
Tapeke kupu
162LAND AND INCOME TAX Hokitika Guardian, 13 October 1920, Page 1
Using this item
Te whakamahi i tēnei tūemi
The Greymouth Evening Star Co Ltd is the copyright owner for the Hokitika Guardian. 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 the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in