HC Deb 28 February 1905 vol 141 c1473
MR. WHITLEY

I beg to ask the Secretary of State for the Colonies if he can state what were the declared profits of the Transvaal gold mines for the year ending December 31st, 1904; and what amount the Transvaal Treasury received on account of the profit tax for the same period.

MR. LYTTELTON

The information desired for the calendar year 1904 has not reached me.

MR. ROSE (Cambridgeshire, Newmarket)

I beg to ask the Secretary of State for the Colonies if he can state approximately the revenue derived by the Government of the Transvaal for the year ending December, 1904, from taxes imposed on gold mines and from taxes and its share of profits in respect of the Premier Diamond Mine, respectively.

MR. LYTTELTON

The desired information for the calendar year 1904 has not reached me. The receipts from the profit tax on gold mines during the financial year July, 1903, to June, 1904, amounted to £343,014. No revenue has yet been derived from the Premier Diamond Mine. The Government is not entitled under the Ordinance to receive any share of the net produce of a mine for precious stones until the whole amount of capital with certain interest has been set off.