§ DR. CAMERON (Glasgow, College)
I beg to ask the Chancellor of the Exchequer whether his attention has been called to the fact that, while feuars in Scotland are held to be entitled to deduct property tax on the annual feu duty in making payment to superiors, they are not allowed to deduct property tax in paying periodical duplicands or compositions in lieu of casualties; if he is aware that these periodical compositions in certain parts of Scotland amount to over 10 per cent. of the entire annual feu duties; and if he will state whether property tax is levied upon them; and, if so, why it is not collected in the ordinary way?
§ THE CHANCELLOR OF THE EXCHEQUER (Mr. GOSCHEN,) St. George's, Hanover Square
I will answer the hon. Member's question, but I must ask him not to cross-examine me upon the terms of my answer. Feuars are not entitled to retain tax from payments of periodical duplicands or compositions in lieu of casualties of superiority, because such are not "annual payments," and are in their nature capital payments. The superiors as the receivers of such 1647 casualties or periodical payments are charged with Income Tax thereon in conformity with the provisions of Section 60 of the Income Tax Act, 1842.