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Ports Authority, Tonga pays Government Over $1 Million in 2013 for Dividend and Income Tax

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25 October 2013 English | Tongan Ports Authority continues to promote, encourage and assist in the development of commercially viable and efficient ports in Nuku'alofa. This is evidence in the dividend and income tax paid to government over the years.

In addition to the income tax paid, ports authority has continued over the years to pay 50% of its net profit after tax to government as dividend.

Mr. Stephen Edwards, the chairman of the board presented to the minister for public enterprises Fe'aomoeata Vakata a cheque of $620,203 for dividend declared during its annual gener4al meeting on 25th October, 2013. A further payment will also be made for income tax.

The honorable minister on behalf of the shareholder the government of Tonga was grateful for the dividend paid by the ports authority inspite of the difficult economic times that we are now experiencing. The honorable minister also conveys to the chairman and board of directors, the general manager and management his appreciation for all the hard work they have performed.

Ends

Issued by: Ports Authority, Tonga 2013. For more Information contact by Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it OR This e-mail address is being protected from spambots. You need JavaScript enabled to view it Tel: (676) 23 168 | Direct: (676) 23-168 | Fax: (676) 24 267 |
URL: www.portsauthoritytonga.com


Last Updated ( Monday, 28 October 2013 12:26 )
 
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