CO129-586-8 War Taxation 2-2-1940 - 11-5-1940 — Page 84

T. BLACK, ESQ.

My dear Tom,

Colonial Office,

93

292

Downing Street,

28th March, 1940.

Further to my letter of the 21st March, I

* now enclose a copy of the publication referred to

in the second paragraph, which the Inland Revenue

people thought might be of help to you in solving

the problems of ascertaining the amount of profits

made in the Colony. It looks rather formidable but

at least shows that the matter has received some

attention in the past and should point the way to

various devices for establishing an allocation of

profits.

I should add that the Inland Revenue

representatives draw attention to Section 27 (5)

of the Model Ordinance contained in the Report of the

Inter-Departmental Committee of 1922, with regard to

entrepot trade.

Yours sincerely,

3 Foreign National Enterpower.

*

The Takahozi

Vol Tu

by Mitchell

Methods f

Allocating Income.

B. Carole.