More Taxation
p. 22 · Read in the full issue
Planned in New Caledonia
Noumea, Oct. 20.
LAST year, New Caledonia budgeted for an expenditure of 729 million francs. This year, the Administration is asking the General Assembly to approve a budget of 875 million francs —an increase of 150 million francs, or £1 million Australian.
To meet this large increase in expenditure, the Administration proposes increased taxation — notably on liquor—and various new imposts, such as a tax on foreigners, and on firearms.
It is not as yet certain that the Assembly will agree to the budget, and the higher taxes.