I move:

That in computing, for the purposes of income tax (including sur-tax) or corporation profits tax, profits or gains arising from lands, tenements or hereditaments to a person who is not the occupier amounts received otherwise than by way of rent shall be taken into account in the circumstances and to the extent specified by the Act giving effect to this Resolution.

Could the Minister say what payments he has in mind here?

Payments, where rents, by various devices, are converted into lump sums.

They are paid as fines.

Would that be a capital payment at the beginning of a tenancy? Is that what the Minister has in mind?

Yes, I have.

Key money?

Will the final release be treated?

The final remission is apparently covered.

Only if it is built or developed.

I understand this is the case.

That is the reason for the next Resolution.

The next Resolution covers other devices of evasion.

There will be income tax and stamp duty on the fine?

It will certainly be taxed.

The explanation does make it much clearer. We had better wait until we have the Bill.