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Estate Duty (Bequests For Research)

Volume 359: debated on Thursday 18 April 1940

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asked the Chancellor of the Exchequer what is the present position with regard to exemption from Estate Duties of bequests for research; and whether he will consider taking steps to amend the present law so as to give greater encouragement to such bequests?

There is no provision in the law for exempting from Estate Duty bequests for research, and I am not prepared to propose any alteration of the law in this respect.