HC Deb 29 July 1938 vol 338 c3506W
Sir P. Hurd

asked the Secretary of State for Dominion Affairs whether his attention has been called to the new section added as No. 32B to the Income Tax Act of the Canadian Parliament, which subjects capital appreciation to income tax and is retro-active to 1936; and whether, in view of the harmful effect upon British investments in Canada of this enactment and the serious consequences of a wider application of its principle, he will make friendly representations to the Canadian Government on the subject?

Lord Stanley

My attention had not previously been drawn to this matter. I am making inquiries.