Super-Tax and Estate Duties.

Part of Oral Answers to Questions — Public Health. – in the House of Commons on 17th May 1928.

Alert me about debates like this

Mr. SAMUEL:

I would remind my hon. Friend that it is in the nature of the case that legal avoidance cannot be dealt with by administrative action. The legislation included in fast year's Finance Act, as the result of the investigations of the Cabinet Committee to which my hon. Friend refers, dealt with legal avoidance of Super-tax. It came into force at the commencement of the current year. Its effect will, no doubt, be both direct and indirect. I have no means of estimating what difference it will make to the yield of the tax. The question of the avoidance of Estate Duty i5 being carefully watched.