§ 87. Mr. Onslowasked the Chancellor of the Exchequer in how many cases, in each of the last three years, a widow of a civil servant who has remarried and
Average annual rates of increase (per cent.) United Kingdom United States of America Corporate Profits Corporate profits Year Before tax After tax National income Before tax After tax National income 1956–1966 … … 3.7 5.2 5.8 5.9 6.9 5.8 1961–1966 … … 3.2 4.2 5.8 10.3 11.9 7.6 1963–1966 … … 1.8 3.2 6.0 11.7 13.5 8.6
Corporate profits as percentage of national income United Kingdom United States of America Year Profits before tax Profits after tax Profits before tax Profits after tax 1956 … … … 17.4 12.5 13.1 6.9 1961 … … … 16.0 12.7 11.7 6.3 1963 … … … 16.0 12.8 12.1 6.7 1966 … … … 14.2 11.8 13.2 7.7 Note: The figures for both countries have been taken from returns made to O.E.C.D. and follow the definitions used by that organisation. Thus, profits are reckoned after receipts and payments of interest (including debenture interest) but before payment of dividends on ordinary and preference shares, and after deduction of capital consumption and stock appreciation. Profits of overseas branches and subsidiaries are included and those of resident branches and subsidiaries of overseas parents are excluded. National income has been used for comparison as being more appropriate to this definition than gross domestic product. The figures for corporate profits relate to the private sector and exclude public corporations.