HC Deb 05 December 1912 vol 44 c2460
45. Sir J. D. REES

asked whether, under Clause 15 of the Government of Ireland Bill, it will be competent to the Irish Government to impose directly, or by means of stamp duties, taxation on other than Irish companies, and to require deposits in the case of British insurance offices which Irish insurance offices may not be required to make?

Mr. HERBERT SAMUEL

It will be possible for the Irish Parliament to impose taxation, subject to the limitations of the Bill as respects stamp and other duties, which will affect other than Irish companies in respect of any business transactions, etc., carried on in Ireland. The answer to the last part of the question is in the affirmative.

Sir J. D. REES

Will the right hon. Gentleman consider whether British companies may not be to this extent prejudiced and endeavour to rectify the matter?

Mr. HERBERT SAMUEL

That is a matter for debate.

Sir J. D. REES

May I venture to ask the right hon. Gentleman if he will assure us that this opportunity of debate will arise as the matter is of much interest in the City?