§ Sir F. WISEasked the Chancellor of the Exchequer if the German Republic has brought in a new Income Tax; and, if so, what it is?
§ Mr. CHURCHILLA Bill amending the Income Tax law has been introduced. I regret that I cannot give details of a long and complicated Measure in answer to a Parliamentary question, but income above 900 marks (£45) is taxed at varying percentages up to a maximum of 33⅓, per cent. My hon. Friend will find useful summaries of the proposals in the "Economist" of 28th February, 1925, and in the "Deutsche Steuer-Zeitung" of mid-March, 1925.