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 Financial Secretary to the Treasury whether there is any appeal against the decisions of the various purchasing Departments in fixing prices for war contracts; and whether he will reconsider this policy which may react unfairly on the firms concerned in regard to Excess Profits Tax and the postwar refund of 20 per cent.?