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Thursday, 23 October 1913


Senator MILLEN - The answer to the question is -

The Federal Land Tax Commissioner has caused inquiry to be made regarding the alleged discrepancies in value. A comparison made by the Deputy Commissioner for Tasmania between the Federal and State valuations of eighty of the largest areas subject to tax, comprising 26 per cent, of the total value of the country land appraised, discloses a difference of only 1.67 per cent, in properties whose aggregate value exceeds ^1,000,000. The difference in taxable value represented by this percentage is ^18,173. A complete comparison would, it is thought, show a smaller percentage difference.

In several special cases experts outside the ranks of the Department's valuers were employed to test the values assessed, and substantially supported them.

Up to the present the Federal tax has been collected on higher values than the State.

The Commissioner is satisfied that higher values than those asserted could not be sustained on appeal.







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