CO129-533-9 Revision of Tobacco Taxation system 17-2-1931 - 13-11-1931 — Page 28

BRITISH-AMERICAN TOBACCO COMPANY, LIMITED.

-2-

28 END

The Under-Secretary of State.

17th February, 1931.

I am directed to add that this Company exports

yearly to Hong Kong several hundreds of millions of high-grade

cigarettes which are manufactured in this country. If the

reported revision were made in the Hong Kong system of taxation,

this export business might become entirely unprofitable.

I am,

Sir,

Your obedient Servant,

Secretary

tary

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