§ Sir F. WISE
asked the Financial Secretary to the Treasury what is the exact arrangement with the Irish Free State in regard to the Income Tax of a Britisher who holds securities in the Irish Free State which are subject to the Irish Free State Income Tax?
In view of the setting up of a separate system of taxation in the Irish Free State, liability, both to British Income Tax and to Irish Free State Income Tax, may arise in respect of the same income. Arrangements for relief in respect of doubly-charged income have been made, and are embodied, on the British, side, in the Relief in respect of Double Taxation (Irish Free State) Declaration, 1923 (Statutory Rules and Orders, 1923, No. 406), and on the Irish Free State side in the Double Taxation (Relief) Order (No. 1) 1923.