BACKED A WINNER
No matter what the fate of clubs and sportsmen when it comes to picking winners, there is one who collects off every winner, and in addition also makes a point of extracting every cent from the investor. This is the Government. Read what a joyful Easter egg Has been received by the Treasury from the Auckland Racing Club as a result of the recent two-days’ racing:
Total £13,205 16 9 That is what must be called “some” dividend for Mr. Coates and his merry men!
Totalisator Tax £4,246 17 9 Dividend Duty 7,644 15 0 Privileges Tax 178 5 5 Stakes Duty .. 618 10 0 Amusements Tax 517 8 7
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https://paperspast.natlib.govt.nz/newspapers/SUNAK19270422.2.71
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Sun (Auckland), Volume 1, Issue 26, 22 April 1927, Page 6
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113BACKED A WINNER Sun (Auckland), Volume 1, Issue 26, 22 April 1927, Page 6
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