EDITOR'S EXCESS PROFITS.
An appeal by Mr L. J. Maxse from a judgment of Mr Justice Sankoy, holding him liable to pay £IOOO for excess profits duty on ‘‘profits” arising from flic National Review of June Ist, 101-1, to May 31st, 1915, was heard in the court of appeal in London. Mr Maxse bought the National Review in 1892 for £ISOO, and has been proprietor, editor and publisher ever since. The question in dispute was whether Mr Maxse carried on a trade or whether he followed a profession. His contention was that the profits were professional earnings, whereas the (Solicitor General contended that they were business profits.
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https://paperspast.natlib.govt.nz/newspapers/MH19190527.2.4
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Manawatu Herald, Volume XLI, Issue 1982, 27 May 1919, Page 1
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107EDITOR'S EXCESS PROFITS. Manawatu Herald, Volume XLI, Issue 1982, 27 May 1919, Page 1
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