§ 48. Mr. MANDERasked the Chancellor of the Exchequer if he will consider the possibility of obtaining extra revenue by insisting on Income Tax being paid either by the donor or the recipient on trade gifts and commissions of all kind?
§ Mr. P. SNOWDENI am not clear as to the precise nature of the transactions which the hon. Member has in mind. If he cares to furnish me with illustrations of any class of case for which, in his view, the existing Income Tax code does not make adequate provision, I will gladly consider his representations.
§ Mr. MANDERIs the right hon. Gentleman aware that this might be a very effective means of stopping a good deal of the bribery that goes on as well as being a means of raising revenue? I shall be very glad to give him the particulars for which he asks.
§ Mr. SNOWDENIf the hon. Member will respond to my invitation and submit to me the details for which I have asked, and if I can discover that there is here a source of revenue, I shall be glad to look into the matter.