78. Mr. MacCALLUM SCOTTasked whether, in view of the importance of independent evidence as to the costs and profits of forestry in relation to the taxation of woodlands, the State forest at Inverliever is annually assessed to Income Tax under Schedules A and D in order to show a true comparison with woodlands in private ownership?
Mr. McKINNON WOODThe State forest at Inverliever, like other lands in the actual occupation of the Crown, is not assessed to Income Tax.
Mr. MacCALLUM SCOTTDoes not the right hon. Gentleman consider it might be desirable, in order to get some practical experience in a problem which is a very difficult one—the assessment of privately owned woodlands to Income Tax—to assess the forests under State control?
Mr. McKINNON WOODI do not know. That is a very large question raising a general proposition, which I could not answer.