THE BETTING TAX
PROTESTS BY BOOKMAKERS. (Australian Press Association.) 'Received this dav at 8-30 a.m.) SYDNEY, Dec. 29. So severely has the ten per cent tax on winning bets hit the Sydney bookmaker that a number are arranging to move to other 'States. Several have already intimated that they to not intend to pay the taxation fee of £7O sterling due on January Ist, for the right to bet in the paddock. In addition they have to pay a license fee to the Australian Jockey Club. Indeed the bookmakers are so perturbed by the falling off of attendances at the larger race meetings and the disinclination of clients to wager under the present, conditions that they consider it would b e advantageous if they held aloof until tie betting tax was modified or repealed. It in reported that more than one Sydney racecourse is closing down fore long.
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Hokitika Guardian, 29 December 1930, Page 5
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148THE BETTING TAX Hokitika Guardian, 29 December 1930, Page 5
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