Thomas Perry And Son Limited v Commissioner of Taxes - [1949] NZLR 116

Social Security — Assessment of Contribution — Company selling some Shares in Other Companies and Writing up Value of Other Shares — Proceeds distributed as Dividends to its Shareholders — Excess of Dividends over Taxable Income liable to Social Security Contribution — "Dividend" — "Income" — Social Security Act, 1938, ss 109, 125 (6).