Official Year book of the Commonwealth of Australia
Official Year book of the Commonwealth of Australia
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In our eReader you can find the full English version of the book. Read Official Year book of the Commonwealth of Australia Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Official Year book of the Commonwealth of Australia
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(c) Local Government Act 1906.
The principal Act, the Land and Income Tax Assessment Act of 1895, which was enacted for the purpose of establishing a system of direct taxation by means of a tax on land, as well as for other objects, was assented to on 12th December of that year. The Land Tax Act of 1895, assented to on the same day as the above-mentioned Act, pro- vided for a tax which was amended in respect of certain leased lands by the amending Act of 1902, and suspended in cases, which will... hereinafter be referred to, by the Local Government Act of 1906.
(ii.) Rates. Under the provisions of the principal Act a tax is levied on the unim- proved value of all land after the deduction of £240, which deduction is only made once in the case of an owner of more estates than one. Land that is subject to mortgage is liable to a deduction each year from the tax on the unimproved value of a sum equal to the income tax leviable for that year on the interest derivable from tha whole mortgage on the land, improvements included.
What to read after Official Year book of the Commonwealth of Australia?
You can find similar books in the "Read Also" column, or choose other free books by Australia. Commonwealth Bureau of Census And Statistics to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
(c) Local Government Act 1906.
The principal Act, the Land and Income Tax Assessment Act of 1895, which was enacted for the purpose of establishing a system of direct taxation by means of a tax on land, as well as for other objects, was assented to on 12th December of that year. The Land Tax Act of 1895, assented to on the same day as the above-mentioned Act, pro- vided for a tax which was amended in respect of certain leased lands by the amending Act of 1902, and suspended in cases, which will... hereinafter be referred to, by the Local Government Act of 1906.
(ii.) Rates. Under the provisions of the principal Act a tax is levied on the unim- proved value of all land after the deduction of £240, which deduction is only made once in the case of an owner of more estates than one. Land that is subject to mortgage is liable to a deduction each year from the tax on the unimproved value of a sum equal to the income tax leviable for that year on the interest derivable from tha whole mortgage on the land, improvements included.
What to read after Official Year book of the Commonwealth of Australia?
You can find similar books in the "Read Also" column, or choose other free books by Australia. Commonwealth Bureau of Census And Statistics to read onlineMoreLess
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