Part of Oral Answers to Questions — Royal Navy. – in the House of Commons at on 16 July 1925.
asked the Chancellor of the Exchequer whether he is aware of the practice adopted by some limited liability companies whereby their shareholders are given cards entitling them to purchase the company's goods in retail shops 20 per cent, cheaper than the general public may purchase; and what steps, if any, he proposes to take to recover Income Tax upon these dividends not disclosed in balance-sheets