§ Mr. Hordern
asked the Chancellor of the Exchequer if he will publish a table showing the proportion of revenue provided by corporation tax in the United Kingdom, the United States of America, West Germany, France and Japan, respectively.
§ Mr. Robert Sheldon
The following information, which is taken from Revenue Statistics of OECD Member Countries 1965–72, Part III Table 15, shows taxes on corporate income as a percentage of total taxation—including social security contributions and local taxes—in the countries specified for 1972:
United Kingdom … 7.1 per cent. USA … 11.19 per cent. West Germany … 4.67 per cent. France … 5.94 per cent. Japan … 18.24 per cent.
I regret that this information is not available for later years.