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DoTAS and Recent Anti-Avoidance Cases

Anneli Collins and Aidan Sutton of KPMG and Ian Young of the Tax Faculty of the ICAEW speculate on what DoTAS means for the future of tax planning and the anti-avoidance debate
During the Standing Committee debate on the Finance Bill 2004 on 22 June 2004 the Paymaster General explained (20th Sitting Column 714):
'The dividing line between acceptable tax planning and unacceptable tax avoidance is very difficult to draw with precision. Therefore the Government are approaching the matter on the basis that the disclosure rules are designed to reflect that. They will operate entirely in a non-judgmental way and they are aimed at those types of transactions where in the Inland Revenue's experience there is a risk of unacceptably high avoidance'.

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