HC Deb 04 June 1930 vol 239 cc2139-40

asked the Under-Secretary of State for the Colonies what information he can give as to the proposal to institute Income Tax in Ceylon applicable to shipping calling at Colombo; and whether he will request the authorities in Ceylon to reconsider their proposal in this respect?


The draft Income Tax Ordinance, which is at present being considered by the Legislative Council of Ceylon, provides that where a non-resident person carries on the business of shipowner or charterer, and any ship owned or chartered by him calls at a port in Ceylon, he shall be deemed to carry on business in Ceylon, and his profits therefrom may be computed on a fair percentage of the full amount paid or payable to such person or his representative on account of the carriage of passengers, mails, livestock or goods shipped in Ceylon. Where such person renders a statement which satisfactorily discloses the full profits arising from the carriage of passengers, mails, livestock and goods shipped in Ceylon, the profits arising from his shipping business in Ceylon may be computed by reference to such statement. Criticisms of this and other sections of the draft Ordinance have been received and are being communicated to the Governor of Ceylon for his consideration.

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