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 Nigel Birch Mr Nigel Birch , Flintshire 12:00, 23 Mehefin 1949

I think it is an established principle that a partnership is entitled to charge rent payable to one of the partners.