Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
 Download Full Day's HansardDownload Full Day's Hansard    View Or Save XMLView/Save XML

Previous Fragment    Next Fragment
Wednesday, 18 May 1960

Mr HAROLD HOLT - The imposition of sales tax on the freight element is a matter that has exercised the attention of Treasurers for many years now. Of course, if it were practicable to find some formula that would take account of freight - I have not yet seen one that would satisfy any practical test - then budgetary consideration would still be necessary on the financial implications of a decision to remove sales tax on this element. I do not think I can do more at the moment than say that I shall see what information I can supply to the honorable gentleman regarding the general problem to which he has alluded and then see how far further examination would be warranted when we come to our Budget consideration.

Suggest corrections