§ Mr. Lilley
To ask the Chancellor of the Exchequer what information the Inland Revenue receives from the Guernsey authorities about(a) the deeds, (b) trustees and (c) letters of wishes of trusts established in Guernsey with discretionary beneficiaries in the United Kingdom.
§ Mr. Gordon Brown
[holding answer 12 January 1998]: The exchange of information between the UK and Guernsey tax authorities is governed by the provisions of Article 10 of our Double Taxation Arrangement with Guernsey (S.I. 1952 No. 1215).