§ Mr. TOUCHE
asked the Secretary to the Treasury at what rate Income Tax should be deducted from the final dividends on the ordinary shares of a joint-stock company to be declared after 5th December, 1914, payable 4th January, 1915, in respect of profits for the year to 30th June, 1914, on which an interim dividend was paid on 4th July last from which tax was deducted at the rate of 1s. 2d. in the £?
§ Mr. MONTAGU
I have asked the Inland Revenue Department to send the hon. Member a copy of a Memorandum on the subject of Income Tax Deductions, which will be issued by them very shortly.