HC Deb 28 July 1965 vol 717 c144W
Mr. Stratton Mills

asked the Chancellor of the Exchequer if he will set out in HANSARD the basis of calculation and the assumptions made in preparing the figures of 15th July, 1965, as to the effects of the Capital Gains Tax; and if he will make a statement.

Mr. MacDermot

The percentages given by my right hon. Friend the Chief Secretary on 15th July were estimates based on the income of individuals in the United Kingdom and the United States and the statistics of capital gains in the United States.