Oral Answers to Questions — Foreign Loans (Tax).

– in the House of Commons on 20th March 1930.

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Photo of Sir Waldron Smithers Sir Waldron Smithers , Chislehurst


asked the Chancellor of the Exchequer whether his attention has been called to Section II (i) of the D'Abernon Report with regard to the 2 per cent. tax levied on foreign loans; and whether he will consider the advisability of removing this tax in the near future?

Photo of Mr Philip Snowden Mr Philip Snowden , Colne Valley

I am aware of the views expressed by the D'Abernon Mission on this matter, hut I can make no forecast of what decision may be reached.