AN IMPORTANT CASE.
(By Telegraph,—Press Association,) Wkllikgton, Tuesday, ■ In November last a case was brought by tho Commissioner of Taxes against the Bank of Australasia, to test, whether the Bank was entitled to a reduction out of their income as inj'-rest 011 deposits paid in London, and Judge Richmond gave judgment in favor ot tho Bank. In consequtnee,' however, of the retrospective legislation, passed last session, at the instance of the Tax Department, the parties 10 the suit decided to refer tho case back to fhe Judge, and this morning he reversed his decision, holding that in the light of fresh legislation op the subject, the Bank was liable to the tax.
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Wairarapa Daily Times, Volume XV, Issue 471, 24 April 1894, Page 3
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112AN IMPORTANT CASE. Wairarapa Daily Times, Volume XV, Issue 471, 24 April 1894, Page 3
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