§ Sir L. Lyleasked the Chancellor of the Exchequer whether, with a view to accelerating Colonial development by attracting British capital, he will consider revising the present Income Tax legislation so as to exempt plantation companies registered here, but trading in the Colonies, from United Kingdom tax, except on profits distributed in this country, especially having regard to climatic and other hazards which necessitate larger provision for reserves.
§ Sir J. AndersonI would refer my hon. Friend to the answer given on 20th March to a similar question by my hon. Friend the Member for Ealing (Sir F. Sanderson).