MONEY FOR PROPAGANDA.
QUESTION OF TAXATION. PRIVY COUNCIL’S DECISION. By Telegraph.—Press Asan.—Copyright. Received Nov. 17, 8.15 p.m. London, Nov. 16. The judicial committee of the Privy Council dismissed, with costs, the appeal of Messrs. Ward and Co. versus the Commisioner of Taxes in New Zealand The appellants contended that money expended on anti-prohibition propaganda was a permissible deduction in computing its income.—Aus.-'N.Z. Cable Association. ' [This ease aroused considerable interest when it was heard in the New Zealand Courts. Messrs. Ward and Co. are brewers at Christchurch, and in making their income tax returns they deducted the amount spent on propaganda as trade expenses. The Commissioner of Taxes held that it was not proper to do this, and that the amount so spent was assessable for taxation. This contention was upheld by the Appeal Court, but Messrs. Ward and Co. took it to the Privy Council.]
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Taranaki Daily News, 18 November 1922, Page 5
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145MONEY FOR PROPAGANDA. Taranaki Daily News, 18 November 1922, Page 5
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