HC Deb 03 March 1971 vol 812 cc486-7W
Mr. Deakins

asked the Chancellor of the Exchequer when he proposes to discuss with the Finance Ministers of the European Economic Community the harmonisation of direct taxation in the United Kingdom with that in the European Economic Community.

Mr. Higgins

At the appropriate time. The only proposals for harmonisation of direct taxation within the E.E.C. are a minor directive concerning stamp duties, two draft directives on mergers and subsidiaries and consideration of the problem of company tax structure which has not yet resulted in a draft directive. There are no proposals for the harmonisation of the rates of direct taxes, whether personal or corporate.