HC Deb 15 April 1947 vol 436 c98

16. Profits Tax

Resolved: That the extent and incidence of the profits tax (for past and future chargeable accounting periods) be varied so as to give effect to amendments as to the rate of the tax, the scope of the tax, the computation of profits and losses for the purposes of the tax, the relief to be given for double taxation and the other conditions subject to which the tax is charged.

17. Excess Profits Tax

Resolved: That the extent and incidence of excess profits tax (for all chargeable accounting periods) be varied so as to give effect to amendments as to the meaning of the expression 'remuneration' in reference to directors and to provisions operating where there has been a direction under Section twenty-four of the Finance Act, 1943.