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 Captain Harry Crookshank Captain Harry Crookshank , Gainsborough

I am not sure that I follow precisely what my hon. and gallant Friend has in mind. Contract terms, which include prices, are settled in negotiation between the purchasing Department and contractors on the basis that they should be fair and reasonable to both parties.