§ 53. Colonel DAYasked the Chancellor of the Exchequer if his attention has been drawn to the increasing practice of administering estates by registration as a one-man company in order to secure a reduction of the death duties; and whether any action is being taken in this regard?
§ Mr. CHURCHILLMy attention has been drawn to cases of the type alluded to. The effect of such action on the revenue will be carefully watched.