Tax general anti-abuse rule now in force as Finance Act receives Royal Assent – OUT-LAW.com

Posted July 19th, 2013 in financial regulation, news, tax avoidance by sally

“The new general anti-abuse rule (GAAR) is now in force, preventing artificial and abusive tax avoidance schemes that fail to pass a ‘double reasonableness’ test.”

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OUT-LAW.com, 18th July 2013

Source: www.out-law.com