§ Sir B. PETOasked the Chancellor of the Exchequer whether the departmental investigation commenced in June last of the question of assets and depreciation in co-operative trading and the loss to the Exchequer of Income Tax is now complete; whether the Report shows that the loss under the existing Income Tax law is limited to £100,000 per annum; and whether he intends to take any steps to collect the tax now lost?
§ Mr. CHURCHILLThis investigation is a laborious one, and has not yet been completed.