Special Legislation to Facilitate Investment London, July 12. itis reported from Amsterdam that' the Dutch Colonial Minister, replying to written questions in ths Second Chamber yesterday, admitted that the United States expert sent to the Dutch East Indies to investigate the chances of foreiga capital in the rubber industry sent home, a report raising. objections the East Indies tax legislation and: revision proposals which he declared would make it extremely difficult for rubber companies operating in the East Indies to meet the competition of Malaya and Ceylon, The Minister stated that the preliminary budget for the East Indies for 1925 would authorize replacement of the present taxes on the companies by a proportional tax on profits. He expressed the opin-fon that this would lessen the competition of Malaya and Ceylon and improve the chances for invest ment of American capital in East Indies rubber companies—Reuter.
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