The South African Mining Journal, Vol. 27 : With Which Is Incorporated "the South African Mines, Commerce and Industries"; Feb. 16, 1918 (Classic Reprint)
Excerpt from The South African Mining Journal, Vol. 27: With Which Is Incorporated "the South African Mines, Commerce and Industries"; Feb. 16, 1918 Mr. Peter Davidson, ex-deputy Commissioner of Taxes for the Cape Province, in the course of his Farmers and evidence before the Select Committee last Income Tax. Week, said that farmers had their returns made up for them by attorneys, who had no data at all except a farmer's memory. He regarded such returns as absolutely unreliable. He described his suggested remedy as drastic: Abolish the income tax law absolutely and entirely, and substitute instead a landed pro perty tax in country districts. This would not affect the towns. Mr. Davidson said he believed that in come tax paying farmers out of white male farmers was too small a proportion. The regulation that a farmer should keep at least a cash book would help very little; it would not be fair to ask them to do what they were so com pletely unaccustomed to do. His Opinion was that it was impossible to collect income tax from anybody who could not keep books. The income tax, as regards the farmer, was an absolute farce. Questioned, Mr. Davidson said he favoured general land valuation and a uniform land tax throughout the Union. This could not be until the valua tion was complete. As to what could be recommended in the meantime, Mr. Davidson could see no improvement except for the abolition of the re-investment clause. They could only wait for a land tax. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
- Paperback | 42 pages
- 152 x 229 x 2mm | 72g
- 01 Mar 2018
- Forgotten Books
- 47 Illustrations; Illustrations, black and white