Brigadier-General Brownasked the Financial Secretary to the Treasury whether the formula on which Excess Profits Tax on standing timber is to be charged has yet been evolved; and, if so, will a copy be made available for those interested?
§ Captain CrookshankThis question is still under examination by the Board of Inland Revenue. The Board are in touch with the Forestry Commission, and I can assure my hon. and gallant Friend that, as soon as the examination is completed, the matter will be discussed further with the organisations representing woodland owners.