§ Mr. Ian Stewartasked the Chancellor of the Exchequer when he expects discussions to take place between the Inland Revenue and members of the Joint Taxation Sub-Committee of the Accepting Houses Committee and the Issuing Houses Association on the treatment of gains and losses in foreign exchange arising from borrowings in foreign currency.
§ Mr. Robert SheldonThe Inland Revenue hopes that as part of its programme of consultations it will be possible for it to arrange a meeting with members of the sub-committee before the end of the year.