HC Deb 01 November 1966 vol 735 c63W
84. Mr. Cant

asked the Chancellor of the Exchequer what consideration he gave in the negotiation of the recent double taxation agreement with the United States of America to the fact that the cost of this agreement to the balance of payments will be in the region of £80 million.

Mr. MacDermot

The effect was fully considered. It is impossible to quantify it, but I am satisfied that the figure quoted by my hon. Friend is quite wrong.