Page 6132 - Week 18 - Thursday, 12 December 1991

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THE LOSS TO REVENUE HOWEVER, WOULD BE MUCH GREATER IF THE THRESHOLD APPLIED TO BOTH RESIDENTIAL INVESTMENT AND COMMERCIAL PROPERTIES.

A THRESHOLD OF $50,000 WOULD NOT ONLY RESULT IN LOST REVENUE FROM RESIDENTIAL PROPERTIES OF $5.2M BUT ALSO APPROXIMATELY $1.5M IN RECEIPTS FOR COMMERCIAL PROPERTIES. AT $30,000 THE LOSSES WOULD BE AROUND $3.5M AND $1M RESPECTIVELY.

CONTACT: NEIL HACKMAN

ACT REVENUE OFFICE

PHONE: 246 3148

6132

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