TNAG-2767-FCO40-3984-Hong-Kong-and-the-media-interviews--press-briefings-and-the--1993 — Page 183

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FCO NEWS DEPT JAMES LEE

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TRANSCRIPT B GUS O'DONNELL/FRANCIS CORNI SH/MARK PELLEW

LONDON 22. FEBRUARY 1993 BACKGROUND BRIEFING

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extra taxation on foreign companies that might have amounted to something like $45 billion extra raised from foreign companies, in the end no new taxes on foreign corporations were allowed,

simply

some tightening-up of the transfer pricing rules so we are quite

content about all that.

(END OF TRANSCRIPT B AND END OF WHOLE TRANSCRIPT)

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