COMPANY TAXATION.
“A DESTRUCTIVE TAX" PROTEST TO GOVERNMENT. By Telegraph.—Press Association. Timaru, Last Night. At a well-attended meeting of the South Canterbury Chamber of Commerce to-night Mr. J. Anstey read a paper on Dominion finance, pointing out that the tax on companies is a tax on capital, and is destructive to the co-operation of capital in production and condemning a system of taxation which permits large individual incomes from dividends, mortgages, tax-free loans, etc., to escape. He insisted that the :ax on companies would produce little or nothing this year. A motion was carried unanimously caking Upon the Government to carry out the repeated requests of the Associated Chambers of Commerce for the formation of a board of experts to confer with the Commissioner of Taxes, with the object of exploring all the various avenues of taxation and bringing about a more equitable adjustment of taxation.
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Taranaki Daily News, 21 September 1921, Page 5
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146COMPANY TAXATION. Taranaki Daily News, 21 September 1921, Page 5
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