Corporation and Capital Gains Taxes

HC Deb 26 November 1964 vol 702 c211W

Mr. Biffen

asked the Chancellor of the Exchequer if he will shortly publish a White Paper on the proposed corporation and capital gains tax.

Mr. MacDermot

I would refer the hon. Gentleman to the statement which my right hon. Friend made on this point in his speech on the Second Reading of the Finance Bill on 24th November.

Sir Ian Orr-Ewing

asked the Chancellor of the Exchequer whether, to avoid continued uncertainty, dividends paid to trusts can be franked and not made subject to corporation tax twice over.

Mr. MacDermot

I would refer the hon. Member to my right hon. Friend's statement of 24th November, 1964.