Commentary

I11.711 HMRC GAAR guidance—scope

IHT, trusts and estates

I11.711 HMRC GAAR guidance—scope

General anti-avoidance rule

I11.711 HMRC GAAR guidance—scope

With effect from 17 July 2013, a general anti-abuse rule applies for most tax purposes, including inheritance tax1. The rule is designed to counteract tax advantages arising from tax arrangements that are abusive. For these purposes, `tax arrangements' are widely defined to include any arrangements where it would be reasonable to conclude that the obtaining of a tax advantage was the main purpose or one of the main purposes of the arrangements. For details see A7.410

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