HC Deb 16 March 1978 vol 946 cc343-4W
Mr. Hooley

asked the Chancellor of the Exchequer what are the total receipts to the Exchequer from corporation tax on profits arising from British corporate assets in South Africa for each of the last five years.

Mr. Denzil Davies

I regret this information is not available. United Kingdom companies are charged to corporation tax on their total profits irrespective of where the underlying assets are and no record is kept of the aggregate tax attributable in any sense to profits from particular countries.