38. Mr. TINNEasked the Under-Secretary of State for the Colonies whether the undertaking to exempt investors not resident in British Guiana from Colonial Income Tax in the prospectus of the British Guiana loan issue attaches the same meaning to the expression "resident" as the United Kingdom and Irish Free State Inland Revenue does; and, if not, will he have the word defined in order that investors may be freed from possible misapprehension?
§ Mr. LUNNThe law of British Guiana which determines what constitutes "residence" for Income Tax purposes is closely similar to the law in force in the United Kingdom and the Irish Free State. I am sending the hon. Member a note of the exact provisions.