§ Mr. FlightTo ask the Chancellor of the Exchequer what factors are taken into account by the Inland Revenue in determining whether an overseas stock market should qualify as eligible for inclusion in personal portfolio bonds. [112313]
§ Miss Melanie JohnsonThe test of whether shares and securities are listed on a recognised exchange is widely used to characterise tax provisions and to determine eligibility for tax reliefs. The test is therefore not related specifically to any one particular provision, like personal portfolio bonds.