Mr. NEWDEGATEasked the Chancellor of the Exchequer whether persons succeeding to landed property in foreign countries have not only to pay the Death Duties of those foreign countries, but also in addition the Death Duties of this country for the property in question?
§ Mr. HOBHOUSEIn the circumstances stated, no Death Duties are chargeable in this country.
§ Mr. HAMERSLEYasked the Chancellor of the Exchequer whether persons in this country succeeding to property, either real or personal, situate in any of the Dominions, Colonies, or Dependencies of the Empire, have not only to pay Death Duties payable in those Dominions, Colonies, or Dependencies, but also, in addition, the Death Duties payable in this country in respect of the same property?
§ Mr. HOBHOUSEMoveable personal property, situate abroad and belonging to a person dying domiciled in this country is liable to British Death Duties. The Duty payable in any British Possession, to which the provisions of Section 20 of the Finance Act, 1894, apply, in respect of any such property situate therein, is allowed as a deduction from the British Estate Duty. Real property, situate abroad, is not liable as such to British Death Duties.