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Income Tax Act, 1952 (Section 468 Applications)

Volume 529: debated on Tuesday 29 June 1954

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asked the Chancellor of the Exchequer the nominal capital of the 864 companies who have been given permission to move overseas under Section 468 (1) of the Income Tax Act, 1952.

I regret that this information is not available. The hon. Member may like to know that 864 is the total of the applications under all the four heads of the subsection which have received Treasury consent: figures are not kept separately under each head.