HC Deb 17 March 1953 vol 512 c2049
26. Mr. Rhodes

asked the Chancellor of the Exchequer the number of companies which have been reorganised by the liquidation of the original company; and what effect this process has had on national revenue during the last financial year.

Mr. R. A. Butler

I regret that this information is not available.

Mr. Rhodes

Would not the Chancellor of the Exchequer agree that the reorganisations which are going on at the moment are simply for the purpose of evading tax? Would not he agree that if this is so it is a racket, and should be stopped?

Mr. Butler

I shall be glad if the hon. Member will send me any further information which I can investigate.