ARMOUR AND CO.
THEIR OPERATION'S IN NETO • ZEALAND, "This matter is being inquired into > by the Commissioner of Taxes under the provisions of section 102 of the land' and Income Tax Act, 1916," stated the' , Prime Minister on Wednesday in reply >v' a ouestion by Mr. J. Vigor Brown, MJP,, as to whether he had noticed that tfca; firm of Armour mid Co., AustrAlaaial * (Limited) —capital £20,00, 4000 shorea of £5 each—had been registered on Ootobcr 8, 1910, Mr. W. J. Cannery Wng - allotted 3093 sliares, Mr. W. J. Kingdoa \ one, and Mr. O. T. Alpers one. "Abbour's," stated the ihon. member, "ham* ' four freezing companies in New Zgat land, with'a registered capital of £2%f 000. This- company, with comparatively' 1 such a small capital, may be formed With t ; a view of avoiding New Zealand t*xt» tion. It seems that the enormous trans-i actions that ate carried on by this com- ' pany cannot be done ott a capital ofj . , £20,000, and the Government should d<* \ j something to bring in taxation to coVei} such concerns in some different lyrajM than it does at present."
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Taranaki Daily News, 8 September 1917, Page 5
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185ARMOUR AND CO. Taranaki Daily News, 8 September 1917, Page 5
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