HMRC has published the Aaronson-approved guidance on the GAAR, providing a little more clarity on the boundaries but still leaving significant swathes of grey. Schemes exploiting loopholes on the transitioning between tax regimes come under attack in Fidex and Bristol & West, with the current score 1:1. Are the proponents of a GAAR vindicated?
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HMRC has published the Aaronson-approved guidance on the GAAR, providing a little more clarity on the boundaries but still leaving significant swathes of grey. Schemes exploiting loopholes on the transitioning between tax regimes come under attack in Fidex and Bristol & West, with the current score 1:1. Are the proponents of a GAAR vindicated?
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If you do not subscribe but are a registered user, please enter your details in the following boxes: