§ 46. Mr. Peat
asked the Chancellor of the Exchequer whether he is aware that the total income taxation borne by British companies on profits arising from business subject to income taxation in foreign countries may now reach a total of 65 per cent.; and whether he will give some relief from this burden?
§ Captain Crookshank
I would refer my hon. Friend to the answer which my right hon. Friend gave to a question on this subject by my hon. Friend the Member for Oxford University (Sir A. Salter) on 20th April last.