AUSTRALIAN POLITICS.
LAND TAX. ABSENTEE TO BE DEALT WITH. By Cable.—Preis Association.—Copyright - ■ • ■• • Jkfeeourne, August 10. In the House oi Representatives the Land Tax Assessniuic Bill was read a first time. It is proposed that the general administration be placed under a commissioner, subject to the Minister. Deputy Commissioners may be appointed'. . It is proposed that a tax be levied on all unimproved lands, (excepting for church and public purposes). All the land of absentees is taxable, and in the case of non-absentees the exemption is fixed at £SOOO. The Commonwealth may acquire lands where the High Court is not satisfied that under-valuation was not made wilfully to evade taxation. The Bill provides a penalty of £SOO, with treble tax, where evasion is attempted.
NAVAL LOAN REPEAL BILL.
■Melbourne, August 11. The Senate passed the Naval Loan Repeal Bill. *
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Taranaki Daily News, Volume LIII, Issue 106, 12 August 1910, Page 5
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138AUSTRALIAN POLITICS. Taranaki Daily News, Volume LIII, Issue 106, 12 August 1910, Page 5
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