Mr. P.O'BRIEN (for Mr. Hayden)asked whether instructions had been given to the Inland Revenue authorities to enforce in Ireland payment of Estate Duty on the principle laid down in the Finance Bill, which has not yet received the sanction of Parliament, by which agricultural holdings in the possession of tenants, hitherto not subject to such duty, are now valued for this duty on a system previously unknown in respect of the assessment of Estate Duty?
§ Mr. FULLERAs has already been stated on previous occasions in this House, payment of Death Duties is only accepted on the basis of the relative Budget Resolutions. I may further point out that the hon. Member is under a misapprehension in supposing that Irish agricultural holdings in the possession of tenants have not hitherto been subject to Estate Duty, or that they are now valued for this duty on a system previously unknown in respect of the assessment of Estate Duty. Such holdings are already subject to Estate Duty under the existing law, and although the system on which they are now being valued has not previously been applicable to agricultural property, it nevertheless is one which has obtained generally under the Finance Act of 1894 in respect of the assessment of the duty.