§ Sir J. Mellor
asked the Chancellor of the Exchequer whether it is the practice of the Revenue authorities to assess property, situated in enemy-occupied territory, for purposes of Estate Duty; and upon what basis of valuation?466W
§ Sir K. Wood
Realty and leaseholds situate abroad are not within the charge to Estate Duty but personalty wherever situate is liable and the basis of valuation is that prescribed by Section 7 (5) of the Finance Act, 1894. If my hon. Friend has any particular case in mind I will have inquiry made if he will furnish me with particulars.