HC Deb 09 June 1976 vol 912 c692W
Mr. Frank Allaun

asked the Chancellor of the Exchequer if he will hold an immediate inquiry into the avoidance of corporation tax by the negotiation of short-term loans, the interest on which is set off against the tax, as confirmed by the Inland Revenue, with a view to stopping this avoidance of tax without delay.

Mr. Denzil Davies

I refer my hon. Friend to my reply to my hon. Friend the Member for Brecon and Radnor (Mr. Roderick) on 8th June.

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