HC Deb 10 July 1958 vol 591 c718

Resolved, That provision shall be made for disregarding dividends paid out of accumulated profits in determining whether any payment is to be treated under section twenty of the Finance Act, 1953, as a subvention payment or whether any annual payment is payable out of profits or gains brought into charge to tax.—[Mr. Simon.]

Resolutions to be reported.

Report to be received Tomorrow; Committee to sit again Tomorrow.

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