§ 56. Lieut. - Colonel HOWARD - BURYasked the Chancellor of the Exchequer whether he can see his way to tax the £5,000,000 paid to owners of foreign films who at present escape all taxation, and bring these sums into line with the tax on royalties paid to foreign patent owners, where the licensee of the patent who pays the royalty is authorised to deduct from the royalty the amount of the tax assessable upon it?
§ Mr. McNEILLMy right hon. Friend is unable to anticipate the Budget statement.
§ Lieut.-Colonel HOWARD-BURYCan my right hon. Friend see that it will be a tactful measure and one pleasing to the United States if such money derived from this source could go towards the repayment of the American Debt?
§ Mr. McNEILLThat is a matter which might be considered by my right hon. Friend.
§ Colonel DAYIs the right hon. Gentleman aware that the £5,000,000 stated in the question is even a lesser sum than that which goes to the United States in this way?