Clause 19. — (Interest Payable Abroad to Be Deductible in Computing Profits in Certain Cases.)

Part of Orders of the Day — Finance Bill – in the House of Commons am 12:00 am ar 23 Mehefin 1949.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Mr Terence Donovan Mr Terence Donovan , Leicester East 12:00, 23 Mehefin 1949

That is because the property for which the rent is paid is outside the partnership capital.