§ 44. Major NATHANasked the Chancellor of the Exchequer whether arrangements have been made with the Government of any foreign State with a view to the granting of relief from double taxation as mentioned in Section 17 of the Finance Act, 1930; and whether any such declaration as is referred to in that Section has been made or is intended?
§ Mr. P. SNOWDENArrangements under Section 17 of the Finance Act, 1930, for relief from double taxation on certain profits arising through an agency, have been. made with the Government of Sweden in an Agreement dated 6th July, 1931 (printed as Treaty Series No. 31 181 (1931), Command Paper 3923). The necessary Declaration will be submitted for the approval of His Majesty in Council in due course. An agreement with another foreign Government is practically settled, and negotiations with other countries are proceeding or will shortly be commenced.
§ Mr. SNOWDENThere is no reason for secrecy in this matter, except that agreement has not yet been concluded. An agreement with Switzerland is on the point of being settled.