§ Sir C. OMANasked the Chancellor of the Exchequer whether the Special Commissioners of Income Tax are entitled to assess Super-tax for the year 1922–23 on sources of income, e.g., dividends, received in the year 1920–21 and no longer existing in the year 1921–22, thereby assessing the taxpayer far 1922–23 not on his income of 1921–22, as duly returned by him, but on his income of 1920–21, i.e., on a return of two years and not one year back?
§ Mr. BALDWINThe basis of assessment to Super-tax is the statutory income of the individual, as computed for Income Tax purposes, for the year preceding the year of Super-tax assessment, and I do not understand the suggestion contained in my hon. Friend's question. If, however, he cares to send me the particulars of any case which he has in mind, I will gladly have the matter investigated.