§ Mr. NEEDHAMasked the Chancellor of the Exchequer whether British Income Tax will be deducted from interest payable on' War Loan Stock belonging to citizens of the United States of America resident in the United States of America; and, if British Income Tax is to be deducted, what arrangements are provided by which the Income Tax can be recovered?
§ Mr. McKENNAIncome Tax is chargeable in respect of interest payable out of the public revenue of the United Kingdom without reference to the place of residence or nationality of the recipient.