§ 74. Mr. ARTHUR MICHAEL SAMUELasked the Chancellor of the Exchequer whether, with a view to encouraging the investment of local capital in British companies operating in the Colonies and foreign friendly countries, he will consider the advisability of making the stocks, shares, and debentures of such companies free of Income Tax when issued and held in the Colonies and such foreign friendly countries?
§ Mr. BALDWINThis matter will fall within the scope of the inquiry into the Income Tax which a Royal Commission is about to undertake.