Annuities (Taxation)

68.

Mr. G. Williams
asked the Chancellor of the Exchequer if he will recommend that the Royal Commission on the Taxation of Profits and Income should  consider the case of taxation on annuities.

Mr. R. A. Butler
This matter is being considered in the first instance by the Committee on the Taxation Treatment of Provisions for Retirement, under the Chairmanship of Mr. Millard Tucker, Q.C.