LIQUOR PROPAGANDA.
EXPENDITURE BY BREWER. QUESTION OF TAXATION. By Telegraph.—Press Association. Wellington, Last Night. The Court of Appeal gave judgment thin' morning in the case of. an appeal by Ward and Co., brewers, of Christchurch, against the decision of the Commissioner of Taxes, whereby he decided that a sum of £2123 3s lid spent by the company in connection with the prohibition campaign, was assessable for income tax. The case was heard on July 5. The judgment of the Court was delivered by Mr. Justice Stringer, and in the course of his judgment His Honor said that from a business point of view the expenditure might be prudent and proper. It was, however, he said, quite clear that the Land and Income Tax Act prohibited many deductions from profits which were proper and prudent from a business point of view. The question, however, for the Court was, he stated: “Was the expenditure exclusively incurred in the production of assessable income?” The answer to that question must be in the negative. The decision of the Commissioner of Taxes was therefore .upheld, and costs on the middle scale were allowed to the Commissioner of Taxes.
Conditional leave to appeal to the Privy Council was granted.
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Taranaki Daily News, 26 July 1921, Page 4
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203LIQUOR PROPAGANDA. Taranaki Daily News, 26 July 1921, Page 4
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