§ Mr. H. W. FORSTERasked the Chancellor of the Exchequer whether, in the cases of Foreign and Colonial securities held by trustees residing in this country, in trust for a person residing abroad, the interest or dividends on such securities are exempt from the payment of Income Tax under Section 71 of the Finance Act, 1910?
§ Mr. HOBHOUSEThe reply is in the negative, unless the case is one which falls within the provisions of Section 13 of the Revenue Act, 1911.