§ Mr. Ridleyasked the Chancellor of the Exchequer what study he has made of the yield per head of the population from wealth tax, succession duty, and other taxes on personal capital, in the Federal Republic of Germany, France, Sweden and Italy; and how they compare with the same figure for the United Kingdom.
§ Dr. GilbertMy right hon. Friend is fully aware of the rates and structure of the taxes on personal capital in other Western European countries. For 1971, the latest year for which comparable figures are available, the approximate yields per head of population of personal taxes on wealth, capital gains, gifts and inheritances for each of the countries mentioned are as follows (using rates of exchange current in that year):
£ West Germany 6 France 2 Sweden 8 Italy 2 United Kingdom 10