§ 46. Mr. COWANasked the Chancellor of the Exchequer whether a home timber-grower trading in his products, either by himself or in partnership with a merchant is liable to assessment to Excess Profits Tax?
§ Mr. McKENNAIf I understand my hon. Friend's question aright, the trader would be within the scope of the duty, but without further information I could give no definite indication of its exact application to his profits.
§ 47. Mr. THOMASasked what amount has been received up to date from cooperative societies by way of Excess Profits Tax?
§ Mr. McKENNANo information is available as to the incidence of this tax in the case of the various classes of taxpayer; and, in view of the labour involved in the preparation of detailed statistics not required for revenue purposes, I am unable under present conditions to promise that there will be such a classification as my hon. Friend appears to have in mind.