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Jewish National Fund Collections Not Affected by Income Tax Action in High Court: Question Arose Onl

March 5, 1931
See Original Daily Bulletin From This Date
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The normal collections and income of the Jewish National Fund in Great Britain and Ireland are in no way affected by the decision handed down by Mr. Justice Rowlatt in the King’s Bench Division yesterday, the J.T.A. is informed. The question of income tax arose only in regard to a claim by the Revenue Commissioners on the interest on consolidated securities, amounting to £ 32,000 held by the Keren Kayemoth Le Israel, Ltd. No interest is claimed, however, on the normal collections of the Fund.

The J.T.A. further understands that the advisability is being considered by the Head Office of the Jewish National Fund in Jerusalem of carrying the appeal to the House of Lords.

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