GOVERNE

HOUSE MUMU KUMU.

IMU wi

MHY 93 08:19

PG.12

CONFIDENTIAL

- 5 -

(b) Capital gains tax

Tax will be paid on any gains from the

disposal of private assets.

The private proportion of capital gains in

the Privy Purse will also be taxed.

Administrative Wing, cso

May 1993

(Ref: CSO/ADM CR 1/2401/93)

CONFIDENTIAL

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