Mr. LYULPH STANLEYasked whether the right hon. Gentleman will state what tax will be charged in the United Kingdom under Part I. of the Finance Bill and in Frankfort under its existing taxation, respectively, in the following case, namely, that land in a town is bought for £200 in 1910, such land being entirely unoccupied and unbuilt upon, the property in the land in question passes on death of the owner in 1920 and is then valued at £290, the condition of the land remaining the same during the whole of the period in question; whether he will state the tax which would be paid in the event of the property passing by sale instead of upon death; and whether he can state what tax, if any, would be annually levied in Frankfort on such land of a nature similar to that proposed in Clause 10 of the Finance Bill?
§ Mr. HOBHOUSEAs the answer to this question is somewhat long and complicated, I am causing it to be printed with the Votes, and a copy will be sent to my hon. Friend.—[See Written Answers this date.]