§ 46. Mr. MANDER
asked the Chancellor of the Exchequer if he is prepared to consider a proposal giving the State power to accept trustee securities or industrial stocks or shares in settlement of Death Duties?
§ The CHANCELLOR of the EXCHEQUER (Mr. Philip Snowden)
I would remind the hon. Member that under the existing law the taxpayer already enjoys the right of tendering certain Government stocks in settlement of Death Duties. I do not think it would be desirable to extend this right in the manner suggested.
§ Mr. MANDER
Is the right hon. Gentleman prepared to consider an Amendment on the subject if I put it down on the Finance Bill?
§ Mr. SNOWDEN
I am not prepared to consider favourably an Amendment which suggests that all kinds of investment stocks should be taken for Death Duties.