130 CONFIDENTIAL FROM FOREIGN OFFICE TO ABU DHABI Cypher/OTP DEPARTMENTAL DISTRIBUTION No. 157 17 September 1965 D.2010 17 September 1965 IMMEDIATE CONFIDENTIAL Addressed to Abu Dhabi telegram No. 157 of 17 September Repeated for information to: Bahrain Your telegram No. 84 (of 16 September: Income Tax Agree ment). Following is text of explanatory memorandum which is acceptable to I.P.C.: "Article 2(17) means that customs duties paid under Your Highness' a greement with an oil company are not chargeable to the credit aggregate which is deductible from the tax payable. Thus, the company would pay the customs duties provided for in Your Highness' agreement with them in addition to any tax receivable by Your Highness under this decree." DISTRIBUTED TO: Arabian Dept. E.R.D. J.R.D. MMMMM CONFIDENTIAL
