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AMUSEMENT TAXES.

SOME RELIEF PROMISED. FREEING A. AND P. SHOWS. SPORTS TAX TO CONTINUE. (By Wire.—Parliamentary Reporter.) Wellington, Last Night. The Amusements Tax Bill which was introduced in the House of Representatives to-night is a consolidation of the existing law, which is contained at present in several Finance Acts. The Bill does not all • the rates of taxation, but it makes certain exemptions. The amusements tax is not to foe charged in respect of admission to any show promoted by any agricultural and pastoral society, or by any horticultural society, if the proceeds are devoted to the objects of the society, ndf is it to be charged in respect of admission to any entertainment, the net proceeds of which are devoted to charitable, philanthropic, patriotic or educational purposes, or to the purposes of any society or institution not established for profit. This concession is conditional on the persons performing at the entertain* ment giving their services without fee or reward, and on the Commissioner being satisfied in the case of net proceeds that the expenses of the entertainment are reasonable. When the Prime Minister explained the Bill to the House members asked if he was making any concession to the sports clubs. He said that the exemption did not apply to any race meeting or any meeting promoted for the purposes of any game or sport. He would, have to ask the patrons of football, cricket, boxing, and so forth, to contribute to the revenue of the Dominion for another season, and he did not think they would object, as they were sporta. He hoped to exempt the sports meetings next year. Mr. Massey added that with regard to the racing clubs there was an honorable understanding that the present arrangements would not run for more than two years without being reviewed. He did not mind telling the House that the tax of ten per cent, on stakes had been suggested by a representative of the racing men themselves and as Minister for Finance he found the offer too good to be refused. The racing people had kept their share of the bargain and. the Government would keep its share. He hoped next session to be able to quality the tax to a certain extent. He did not expect to foe able to immediately withdraw all the taxation that had been imposed to meet the war and the aftermath of war, but nobody would be better pleased than he when the Government was able to do without sudU means of raising revenue.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/TDN19220906.2.26

Bibliographic details
Ngā taipitopito pukapuka

Taranaki Daily News, 6 September 1922, Page 4

Word count
Tapeke kupu
422

AMUSEMENT TAXES. Taranaki Daily News, 6 September 1922, Page 4

AMUSEMENT TAXES. Taranaki Daily News, 6 September 1922, Page 4

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