Sir GILBERT PARKERasked the President of the Board of Agriculture whether 303W an 80 per cent. Excess Profits Tax is levied on the owners of fishing vessels; whether fishermen owners of small boats and members of crews of small boats are taxed while the general public have to pay more for fish purchased because of this Excess Profits Tax; and if he will make a statement which will set the whole matter clearly before Parliament?
§ Mr. BONAR LAWThe profits arising from the business of owning and working fishing vessels, but not the wages of the crews of such vessels, fall within the scope of the Excess Profits Duty. The effect of taxation upon the price of commodities is a subject too large to be dealt with within the limits of an answer to a Parliamentary question.