2l8 TRANSACTIONS OF ROYAL SCOTTISH ARBORICULTURAL SOCIETY. 



owner elects to be assessed under Schedule D as from the 

 date of replanting, the computation of the profit would fall 

 to be made as in the tax of a business newly set up, no 

 regard being had to the profits or losses arising from the 

 woodlands in question prior to the date of replanting. — I am, 

 Sir, your obedient servant, E. W. Verity. 



The Secretary, 



Forestry Commission. 



Income Tax : Plantations that can be treated as 

 Separate Estate. 



The following letter from a firm of Writers to the Signet in 

 Edinburgh to the Inland Revenue, and the reply received, will 

 be of interest to our readers : — 



Copy Letter — Messrs J. & F. Anderson, W.S., to 

 The Special Commissioners of Income Tax 

 (21st July 1920). 



Dear Sirs, — With reference to the Rules applicable to 

 Income Tax (Sch. B) in the First Schedule to the Income Tax 

 Act, 19 18, we shall be glad to know whether it is necessary that 

 a proprietor should elect to have all the woodlands on his estate 

 assessed under Sch. D to obtain the benefit in Rule 7 (a) of 

 the provision with regard to woodlands planted or replanted 

 since 19th July 1916, or whether it is competent to the proprietor 

 to elect to have woodlands planted or replanted as above 

 assessed under Sch. D without altering the basis of assessment 

 in respect of the other woodlands on the estate. 



We shall be obliged by your letting us hear from you as to 

 the above at your early convenience, to enable us to give notice 

 to the above effect to the Surveyor of Taxes for the district not 

 later than 5th August. — Yours faithfully, 



J. & F. Anderson. 



Copy Letter — Inland Revenue, London, to Messrs 

 J. & F. Anderson, W.S. (31st July 1920). 



Gentlemen, — With reference to your letter of the 21st instant, 

 I am directed by the Board of Inland Revenue to acquaint you 

 that under the provisions of Rule 7 (a) of Schedule B of the 

 Income Tax Act, 1918, woodlands which are or have been 



