HC Deb 17 July 1957 vol 573 c1201
Mr. Powell

I beg to move, in page 27, line 18, to leave out from the beginning to "except" in line 19.

This Amendment removes the reference in Clause 34 (2, a) to assessment of income to Income Tax under Schedule A. If these words remained in that subsection, a doubt may be created that the value of the beneficial occupation of property in this country, as, for example, the head offices of an overseas trading corporation, may fall to be treated as trading income. It is to avoid that remote but undesirable possibility that we seek to leave out these words.

Amendment agreed to.