HC Deb 08 September 1909 vol 10 c1300
Captain FABER

asked the Chancellor of the Exchequer if he is aware that if woodlands are taxed under the Death Duties, and, seeing that an oak wood under a rotation of 120 years will have to pay Death Duties at least three times, and other hard woods under a rotation of 80 years will have to pay at least twice, after the initial expenses of tree-planting have been capitalised and rates and taxes paid, there will be no profit left for any estate or municipality that attempts this form of employment; and, if so, whether he will consider the desirability of exempting woodlands?


My right hon. Friend is considering the question of woodlands in connection with Estate Duties.