Business, Legal & Accounting Glossary
These are a cluster of statutory provisions intended to stop certain arrangements that would reduce a taxpayer’s tax liability.
Anti-Avoidance provisions are a cluster of statutory provisions intended to stop certain arrangements that would reduce a taxpayer’s liability for tax.
An anti-avoidance measure is a rule that prevents the reduction of tax by legal arrangements, where those arrangements are put in place purely to reduce tax, and would not otherwise be regarded as a reasonable course of action.
The main anti-avoidance provisions concern:
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Definitions for Anti Avoidance Provisions are sourced/syndicated and enhanced from:
This glossary post was last updated: 4th July, 2019 | 163 Views.