No corrections yet
j Sydney, Monday
Two Victorian wool growers today failed to obtain from the High Court an order restrain- ing the Commonwealth from collecting income tax in advance from wool cheques.
The woolgrowers are Messrs. Desmond Carty Moore and Thomas Anthony Darcy, Aus- tralian Primary Troducers' Union vice-presidents.
[Under a new law, brokers arc to pay one-fifth of all wool cheques to the Common- wealth in payment of income tax when assessed.]
Moore and Anthony sought an injunction restraining the Taxation Commissioner from implementing- the legislation pending a High Court chal- lenge of its validity.
Sir John Latham, Chief Justice, adjourned the hearing to enable the parties to
The Government would re- turn to woolgrowcrs collections under its 20% wool sales de- duction legislation if the High Court ruled that the legisla- tion was invalid, Mr. Fadden, Treasurer, said in Canberra last night.
Mr. Fadden added thal he understood that this was ac- ceptable to the plaintiffs, and that the case would probably be heard in February.