DODGING THE INCOMETAX.
BOWRON BROTHERS’ PENALTY. Christchurch, September 21. On Friday last Mr H. W. Bishop, S.M., heard the appeal of Messrs Bowron Bros, against the claim of the Commissioner of Taxes for taxation due on a sum of ,£65,972, this being the assessed income of the firm for the year 1905. The return sent in by the firm showed an assessable income ot ,£18,836, and, in respect of this, they were convicted and fined ,£IOO for making a false return. The Magistrate’s decision was forwarded to the Department. The correct amount of the sum to be paid by Bowron Bros, in respect of the income tax and penalties arising out of the short return of income in the year 1905 is ,£9408 16s. The amount of income on which tax was not paid was ,£44,965. Details of the tax, penalties, etc., are as follows: —
£ s. d. Fine ••• 100 0 0 Tax on ,£44,965 ... 2248 4 0 Ten per cent penalty 224 i6 0 Treble the tax short paid 6774 15 0 Costs allowed the Department ... 91 0 0 Total ... Z940 8 16 0
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/MH19100924.2.16
Bibliographic details
Ngā taipitopito pukapuka
Manawatu Herald, Volume XXXII, Issue 896, 24 September 1910, Page 4
Word count
Tapeke kupu
184DODGING THE INCOMETAX. Manawatu Herald, Volume XXXII, Issue 896, 24 September 1910, Page 4
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Manawatu Herald. 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 Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in