HC Deb 10 July 1940 vol 362 c1176W
Mr. Watkins

asked the Minister of Transport whether he is able to state the effect of the proposed 100 per cent. Excess Profits Tax on the terms of the White Paper, Cmd. 6168?

Sir J. Reith

The arrangements in the White Paper in no way affect any liability of the controlled undertakings to Excess Profits Tax.