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Mr. Deakins
asked the Chancellor of the Exchequer what taxes are to be harmonised in the second stage of EEC economic and monetary union; and what is the attitude of Her Majesty's Government to such harmonisation.
Mr. Nott
Her Majesty's Government are ready to consider appropriate measures of tax harmonisation on their merits, and discussions are continuing on the tax harmonisation measures which might form part of a second stage of EEC economic and monetary union.