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Company Stocks

Volume 934: debated on Wednesday 29 June 1977

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asked the Chancellor of the Exchequer whether he intends to take any action to implement the proposals made by Finance for Industry to the Wilson Committee on the functioning of financial institutions, whereby the expenses of capital raising, including discounts on issues of loan stock, should be allowable for taxation purposes; whether he intends to take action on the freeing of issues of loan stocks from capital gains

of the latter and the dates when they were made.