STOCK EXCHANGE PROFITS (TAXATION).

HC Deb 06 March 1917 vol 91 cc214-5

52. Mr. CURRIE

asked the Chancellor of the Exchequer whether he will introduce legislation to render the profits of Stock Exchange and other speculations or operations liable to assessment for Income Tax, Super-tax, and Excess Profits Duty during the War?

Mr. BONAR LAW

The law already provides for the assessment to Income Tax, Super-tax, and Excess Profits Duty of profits and gains arising in the manner indicated in the question.