Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
 Download Full Day's HansardDownload Full Day's Hansard    View Or Save XMLView/Save XML

Previous Fragment    Next Fragment
Thursday, 1 December 1960

Mr UREN (REID, NEW SOUTH WALES) - I ask the Treasurer whether it is a fact that the latest " Annual Bulletin of Overseas Investment" discloses that thenew - and I emphasize new - capital inflow from the United Kingdom, the United States of America and other countries exceeds by only £5,000,000 our capital outflow of dividends on foreign investment in this country. Is it also a fact that if the tax saving by the United Kingdom, the United' States of America and Canada under thedouble tax agreement were taken into account, a good deal of the new capital' inflow would be represented by our own money?

Suggest corrections