Excess Profits Tax.

Part of Oral Answers to Questions — National Finance. – in the House of Commons on 24th February 1942.

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Photo of Major Henry Procter Major Henry Procter , Accrington

asked the Chancellor of the Exchequer whether his attention has been called to the prejudicial effect on trading due to company investments in State securities being regarded as a reduction of in relation to excess profits; and whether he will, in his coming legislation, consider the removal of this anomaly?