J P Hughes (HM Inspector of Taxes) v The Bank of New Zealand
The Bank of New Zealand v J P Hughes (HM Inspector of Taxes)
Income Tax – Non-resident trader – Interest on government securities – Interest on securities
of foreign and colonial companies – Expenses of earning profits exempt from tax – Income
Tax Act 1918 (c 40) s 46 Sched C r 2(d), Sched D, Cases I and II, rr 3, 5.