HC Deb 08 May 1912 vol 38 cc389-90
Sir JOHN LONSDALE

asked the Chancellor of the Exchequer to which country, under Section 24 of the proposed Government of Ireland Bill the Income Tax collected on dividends on shares in English railways or other English companies (where the shares are owned by residents in Ireland) will be attributed, to England or Ireland?

Mr. LLOYD GEORGE

Section 24 of the Bill leaves the matter to the discretion of the Joint Exchequer Board.

Sir J. LONSDALE

Will the action of the Joint Exchequer Board be controlled by the Imperial Parliament?

Mr. LLOYD GEORGE

Oh! yes.

Sir J. LONSDALE

Can the right hon. Gentleman say in what manner it will be brought before this House? Will he also see that that is provided for in the Bill?

Mr. LLOYD GEORGE

I think the hon. Baronet should not put that question to me without notice.

Mr. CASSEL

Will not the right hon. Gentleman claim for the Imperial Exchequer any Income Tax on the profits of English railways wherever the shareholders may be resident?

Mr. MOORE

How is the Chancellor of the Exchequer going to control the action of the Irish representatives on the Joint Exchequer Board?

Mr. LLOYD GEORGE

That is exactly the question put by the hon. Baronet.

Mr. MOORE

We have not got an answer.

Mr. LLOYD GEORGE

I gave an answer. I invited the hon. Baronet to put down a question.