Clause 78 - Attribution of gains of non-resident companies
Finance Bill
10:30 am
Mr Howard Flight (Arundel and South Downs, Conservative)
It is ironic that we have just been considering a clause that widens business relief beyond trading companies, and the argument appears to have been accepted that economically and morally there is no logic for having separate categories of tax relief. What, therefore, is the logic of arguing so strongly for separate categories in this territory?