§ Mr. Meacherasked the Chancellor of the Exchequer if he will take action to ensure that the channelling abroad of reinsurance premiums is not used as a device to evade tax liabilities.
§ Mr. Ridley[pursuant to his reply, 10 December 1982, c. 633]: As a matter of course, the Inland Revenue investigates all cases where it believes that tax may be due on funds which are channelled abroad.