Define: Anti Avoidance Provisions

UK Accounting Glossary

Definition: Anti Avoidance Provisions


Quick Summary of Anti Avoidance Provisions


These are a cluster of statutory provisions intended to stop certain arrangements that would reduce a taxpayer’s tax liability.



What is the dictionary definition of Anti Avoidance Provisions?

Dictionary Definition


Anti-Avoidance provisions are a cluster of statutory provisions intended to stop certain arrangements that would reduce a taxpayer’s liability for tax.


Advertisement



Full Definition of Anti Avoidance Provisions


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:

  • Dividend Stripping
  • Bond Washing
  • Manufactured Dividends
  • Transactions in Securities

Advertisement




Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/anti-avoidance-provisions/
Modern Language Association (MLA):
Anti Avoidance Provisions. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. February 27, 2020 https://payrollheaven.com/define/anti-avoidance-provisions/.
Chicago Manual of Style (CMS):
Anti Avoidance Provisions. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/anti-avoidance-provisions/ (accessed: February 27, 2020).
American Psychological Association (APA):
Anti Avoidance Provisions. PayrollHeaven.com. Retrieved February 27, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/anti-avoidance-provisions/

Definition Sources


Definitions for Anti Avoidance Provisions are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 7th February 2019.