§ Sir J. Mellorasked the Chancellor of the Exchequer whether he will give an assurance that no company will be required to pay, in respect of any part of its profits, such amounts of United Kingdom Excess Profits Tax and Income Tax that, after including Dominion Income Tax and allowing for Dominion Income Tax relief, aggregate taxation will exceed 100 per cent. on such part of its profits?
§ Sir K. WoodThe issue raised by my hon. Friend's Question is one of some complexity and I should be glad if he would give me details of any particular case he has in mind.