§ 52. Mr. COUPERasked the Chancellor of the Exchequer whether, with regard to complaints from commercial firms in Glasgow and other large business centres trading with the United States of America that commissions earned in the course of ordinary transactions are subject to the American tax at the source and afterwards, in addition, subjected to Income Tax in this country, he will consider some form of relief from this double burden of taxation?
§ Mr. CHURCHILLI am aware of the position to which my hon. Friend refers, which illustrates a particular aspect of the problem of double taxation. The general question of double taxation has been considered by a Committee of the League of Nations, on which this country is represented; that Committee has now reported to the Finance Committee of the League. If, however, favourable indications reach me from any individual foreign country that some fair and reciprocal arrangement can be entered into, I should not feel bound to await the achievement of a general solution at Geneva.