HC Deb 09 October 1939 vol 352 cc41-2W
Mr. Benjamin Smith

asked the Chancellor of the Exchequer whether he will take steps to ensure that a substantial proportion of the enhanced prices now being obtained on the sale of ships shall revert to the Treasury?

Sir J. Simon

I would refer the hon. Member to the reply given on 4th October to the hon. Member for Plaistow (Mr. Thorne), in which the position with regard to the liability to taxation of profits arising from the sale of ships was stated.