The recent publication of the General Anti Abuse Rule has bolstered measures to limit "extreme" tax avoidance and will focus governance on tax, experts say.
GAAR guidance was published alongside the Finance Bill in March 2013 and works in addition to existing tax avoidance legislation by further defining the principles of "tax arrangements" and "abuse"...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date