Port Elizabeth of Yore: Runaway Tram in Russell Road

This incident has long since been forgotten by the residents of Port Elizabeth, yet it is often raised in discussions related to tax matters. In particular it is the term “in the production of income”. It is used extensively in tax law to determine what expenses are allowable as deductions. When doing so, the issue raised in the case of this runaway tram is pondered about.

This is the human story behind that tax case.

Main picture: The scene at the foot of Russell Road when a runaway train collided with the Masonic Hotel

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