§
Resolution reported:
That if any Act of the present Session relating to Finance authorises the making to companies of payments out of moneys provided by Parliament with a view to offsetting increases in the total taxation charged on trading income of the company and dividends paid by the company, being payments calculated by reference to reductions in the credit allowed to the company for overseas taxation, the Act may in that connection provide specially for companies which have been overseas trade corporations by treating them as if they had never been overseas trade corporations and relating the payments to rates of credit for foreign tax artificially arrived at.
§ Resolution agreed to.