asked the Chancellor of the Exchequer if he will publish an up-to-date table showing, for EEC member States, USA, Japan, and Australia, the comparative yield of death duties as a percentage of (a) total taxes, and (b) total taxes and social security contributions, on a basis similar to that used in Command Paper No. 4930 "Taxation of Capital on Death: A possible Inheritance Tax in place of Estate Duty".
The information asked for is given below for the year 1975, the latest year for which full information is available.TABLE SHOWING COMPARATIVE YIELD OF DEATH DUTIES IN UNITED KINGDOM AND 0OTHER COUNTRIES FOR 1975. DEATH DUTIES
* AS PERCENTAGES OF:
Total taxes †
| Total taxes 1 + social security contributions
| |
| Australia | 1·5 | 1·5 |
| Belgium | 1·1 | 0·7 |
| Denmark | 0·4 | 0·4 |
| France | 1·3 | 0·8 |
| Germany | 0·2 | 0·1 |
| Ireland | 1·3 | 1·1 |
| Italy | 0·4 | 0·2 |
| Japan | 1·4 | 1·0 |
| Luxembourg | 0·5 | 0·3 |
| Netherlands | 0·6 | 0·4 |
| United Kingdom | 1·0 | 0·8 |
| United States of America | 1·8 | 1·4 |
* Death duties include taxes on estates, inheritances and gifts. | ||
| † Total taxes are all taxes levied by central and local governments. | ||
Source:Revenue Statistics of OECD Member Countries 1965–75.