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Double Taxation Agreement (Ceylon)

Volume 476: debated on Thursday 15 June 1950

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73.

asked the Chancellor of the Exchequer what settlement has been reached with the Ceylon Government regarding the double taxation system which prevented British firms from tendering for the Colombo Harbour Development Scheme costing about £6 million.

During the past few weeks discussions for a double taxation agreement with Ceylon have been taking place in London, and agreement at the official level has now been reached. We are awaiting confirmation of the agreement by the Ceylon Government.