The Resource Designing a general anti-abuse rule : striking a balance

Designing a general anti-abuse rule : striking a balance

Label
Designing a general anti-abuse rule : striking a balance
Title
Designing a general anti-abuse rule : striking a balance
Creator
Subject
Language
eng
Summary
This article argues that statutory general-anti avoidance or anti-abuse provisions (GAARs) are an essential part of a modern tax system, since specific legislation will not catch every abuse. Properly drafted GAARs with appropriate protections can give administrators and courts an important tool to use in cases of egregious abuse, but the use must be within a legitimate framework suitable for the jurisdiction in question. GAARs are not the appropriate mechanism for a fundamental rewriting of domestic or international tax law, but they are a valuable element of the statute book in the fight to combat artificial tax arrangements. This article examines the reasons for introducing a statutory general anti-abuse rule in the UK and the explanation for its shape and design
Citation source
In: Asia-Pacific tax bulletin. - Amsterdam. - Vol. 20 (2014),
http://library.link/vocab/creatorName
Freedman, J
Geographic coverage
International
Language note
English
http://library.link/vocab/subjectName
  • GAAR
  • tax avoidance
  • tax treaty
Label
Designing a general anti-abuse rule : striking a balance
Instantiates
Publication
Label
Designing a general anti-abuse rule : striking a balance
Publication

Library Locations

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      52.3736660 4.9336932
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