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Tuesday, 19 April 1966

Mr Webb b asked the Treasurer, upon notice -

When is he going to implement the recommendation of the Commonwealth Committee on Taxation that friendly societies' dispensaries should not be subject to taxation on business conducted with their own members?

Mr McMahon - The answer to the honorable member's question is as follows -

I have given very careful consideration to the possibility of revising the present basis on which the income of friendly society dispensaries is taxed. The question is complicated by practical difficulties arising in part from the fact that the dispensaries make sales not only to the members of friendly societies but also to the public in competition with private pharmacists. After considering various alternatives, I have come to the conclusion that the present basis of taxation of friendly society dispensaries is not unreasonable and that no change need be made in the existing legislation on this matter.

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