§ Mr. Fauldsasked the Secretary of State for Education and Science whether he will withdraw the publication "Works of Art—A Basic Guide to Capital Taxation and the National Heritage," in view of the fact that it makes no reference to the imposition of value added tax on acceptances in lieu or private treaty sales of works of art to the nation.
§ Mr. ChannonNo. The basic guide to capital taxation and the national heritage, produced by the Office of Arts and Libraries, is designed, as its title makes clear, to inform the public about capital transfer tax in relation to acceptances in lieu and private treaty sales. Value added tax is a separate issue.