SUBSIDIARY COMPANIES
DOUBLE TAXATION REMITTED (llec. 10.15 a.m.) LONDON, Oct. 21. Britain and France signed an, agreement in Paris on Friday containing provisions relating to double taxation. United Kingdom companies, if operating a French’ subsidiary company, will be° liable only to French taxation on the profits of the branch. The provisions of the agreement are being made retrospective to 1931. The French Government agreed to give up certain arrears of dividend tax due from United Kingdom companies, for the years prior to 1931.
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Evening Star, Issue 25620, 22 October 1945, Page 6
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83SUBSIDIARY COMPANIES Evening Star, Issue 25620, 22 October 1945, Page 6
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