Crisis For A Tax Haven

The New Hebrides as a tax haven may be in jeopardy, PIM learns through a usually-reliable source over the coconut radio. Having disposed of the tax haven which was Norfolk Island, the Australian Government has turned its attention to the New Hebrides tax haven in a protest to the British Govern ment, partner with the French in the New Hebrides Condo minium. After Australia complained strongly about the New Hebrides being used by Australian companies as a tax haven, the British Government sent a senior Treasury official to the territory to investigate. He recommends in his report that the tax haven should be closed down. So far the British Govern ment is silent on the report.