591. Regime for disclosure of tax avoidance schemes.

The regime for disclosure of tax avoidance schemes ('DOTAS') was introduced in the Finance Act 2004 and applies to income tax, capital gains tax1, corporation tax, petroleum revenue tax, apprenticeship levy, inheritance tax2, stamp duty land tax3, stamp duty reserve tax4 and the annual tax on enveloped dwellings5.

DOTAS places obligations on promoters of prescribed types of avoidance scheme and on the users of such schemes to provide HM Revenue and Customs with early information about tax arrangements and how they work and with information about who has used such arrangements