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Tuesday, 24 November 1959

Mr ASTON (PHILLIP, NEW SOUTH WALES) - My question is directed to the Treasurer. What is the effect of the recent decision of the Commissioner of Taxation on income earned by medical practitioners in New South Wales who have formed themselves into companies for taxation expediency? As a result of the decision of the Commissioner of Taxation, is the income earned by these companies taxable as though earned by the doctor as an individual?

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