§ REPORT [5th June].
§ EXCESS PROFITS TAX (INCREASE OF RATE).
§
Resolution reported:
That the rate of Excess Profits Tax shall in relation to profits arising after the end of March, nineteen hundred and forty, be raised from sixty per cent. to one hundred per cent.
§ Resolution agreed to.
§ Ordered, That it be an Instruction to the Committee on the Finance Bill that they have power to make provision therein pursuant to the said Resolution.