... a pleasure to be able to announce that from June 1, with the one exception that imports still require a licence, the Persian Government have abolished all restrictions, and have declared foreign exchange to be entirely free. Persia has thus taken in advance ...

... 1931, was struck after providing for taxation of £1,142,353 (less reserves previously made) in final settlement of the Persian Government's claims to the end of 1931, and for £1,502,778 royalties and taxation for 1932. In the past, royalties were paid out ...

... because of the previous uncertainty of the position in connection with the Persian Government . It is further stated that in the past royalty payments to tho Persian Government were provided out of tho profits of the First Exploitation Company and the ...

... value at 31 December, 1932, being £7,587.674) and £1,959,302 in cash. Reserves total £7,708,128. The settlement with the Persian Government of the royalties and taxation question has Involved the provision £2.645.131. Of this £1,142,353 was in rsepect of Anal ...

... as Et 31 December, 1932, being £7,587,674) and £1,960,302 In cash. Reserves total £7,708,120. The settlement with the Persian Government of the royalties and taxation question has Involved the provision of X 2,845,131. Of this £1,142,353 was In respect ...

... boon made in the profit and loss account for payments due to tho Persian Government , in terms of the agreement recently concluded . In the past royalty payments to the Persian Government were provided out of tho profits of the First Exploitation Company ...

... carried forward, which had been kept a higher figure than u«ual because tho concession uncertainty. In future all pay- the Persian Government under the new concession will be shown in the accounts, Phoenix Oil surplus of £162,473 compares j with £20,746, and ...

... Ang'o-Perstan Oil Company tic Dec 1932 states:— profit aft allowing for depreciation debenture interest and payable the Persian Government income tax amounts £2379677 directors the July 31 dividend on ordinary capital cent annum carry forward £447259 Since ...

... to BERLIN 1420 to Anglo-Persian full accounts the Anglo-Persian Company issued t of necessary for payments due to the Persian Government under new agreement can he seen The profit and loss account royalty taxation amounted to £2645131 which respect of final ...

... the full accounts, now issued, centres around the royalty and tax payments which the company has had to make to the Persian Government under the recently concluded agreement. The amount charged to the profit and loss account in this respect is £2,645 ...

... accounts the estimated royalty having a market value at present of day's close of 4.261 and with less payable to the Persian Government £53, 7 30. demand for commercial purposes. the was £134.750 speculative selling had more effect In making the distribution ...

... of the principal terms of the new concession concluded with the Persian Government, further reference to the matter is unnecessary. In view of the settlement. with the Persian Government, it been possible to draw on the balance of because ri profit earned ...