Crack Down On New Hebrides

Australians who use the New Hebrides and other places as tax havens to avoid paying tax in Australia will have to think up new methods to dodge the collector if Australian Treasurer Mr Frank Crean makes good a boast he voiced in the Federal Parliament on September 2b.

To a questioner, who asked what action the government was contem plating to stop that type of tax evasion, Mr Crean said there was legis lation before the House to deal with tax havens in Norfolk Island and other Australian territories but, “we have to use other measures as far as areas outside our territorial jurisdiction are concerned.

“But, we are well aware of the attempts being made and we will more than match the skill and ingenuity of those who are trying to evade tGX ' The new bill will make the income tax law apply as if Norfolk Island is part of Australia but will exempt from tax the island and other ex-Australian income of people living on Norfolk and that of companies wholly owned and controlled on the island.