35. Mr. E. P. Smithasked the Chancellor of the Exchequer whether he can make any statement regarding the conversations which are taking place between the United States and British Governments with a view to coming to some agreement which will obviate double taxation and fiscal evasion in the case of their respective nationals.
§ Sir J. AndersonI am afraid I can add nothing to what I said on this subject during the Second Reading of the Finance Bill on 23rd May, 1944. The discussions are taking place between the technical representatives of the two Governments and are, therefore, in the exploratory stage.
Mr. SmithWill my right hon. Friend bear in mind that the United States representatives have been here for six months, and that time marches on?
§ Sir J. AndersonAs far as the Inland Revenue authorities are concerned, there has been no loss of time.