HC Deb 10 December 1974 vol 883 cc123-4W
Mr. Biffen

asked the Chancellor of the Exchequer how the proposed capital transfer tax in respect of woodlands compares with similar legislation in OECD countries.

Dr. Gitbert

There are substantial differences between the capital transfer tax and similar taxes in other countries and these apply to all assets, not only to woodlands. Some OECD countries have special provisions for woodlands, but others do not.