The Trade Union Congress (TUC) this week released its report, The deficiencies in the general anti-abuse rule, criticising the government’s GAAR as ‘so poorly designed that it will allow 99% of tax avoidance to continue’. The report, written by Richard Murphy, concludes: ‘It is our belief that the UK has not got the general anti-tax avoidance principle it needs from the general anti-abuse rule. We are not alone in thinking so.’
The Trade Union Congress (TUC) this week released its report, The deficiencies in the general anti-abuse rule, criticising the government’s GAAR as ‘so poorly designed that it will allow 99% of tax avoidance to continue’. The report, written by Richard Murphy, concludes: ‘It is our belief that the UK has not got the general anti-tax avoidance principle it needs from the general anti-abuse rule. We are not alone in thinking so.’
