§ Mr. Wrigglesworthasked the Chancellor of the Exchequer, (1) in each of the past five fiscal years, how much income tax has been paid by the trustees of settlements;
(2) in each of the past five fiscal years, how much income tax has been assessed on beneficiaries of trusts, under Section 478 of the Taxes Act 1970;
(3) in each of the past five fiscal years, how much income tax has been assessed on trustees of settlements which are resident in the Channel Islands and the Isle of Man.
§ Dr. GilbertI regret that the information is not available.
§ Mr. Wrigglesworthasked the Chancellor of the Exchequer, in each of the past five fiscal years, how much income tax has been asssed against beneficiaries of trusts, in respect of distributions of income made to those beneficiaries by trustees.
§ Dr. GilbertI regret that the information is not available. In most instances the trustees deduct income tax from the distributions they make.