{"id":1758,"date":"2012-06-12T16:53:11","date_gmt":"2012-06-12T16:53:11","guid":{"rendered":"http:\/\/www.itatonline.org\/info\/?p=1758"},"modified":"2012-06-12T16:56:29","modified_gmt":"2012-06-12T16:56:29","slug":"general-anti-abuse-rule-gaar-discussion-paper-uk","status":"publish","type":"post","link":"https:\/\/itatonline.org\/info\/general-anti-abuse-rule-gaar-discussion-paper-uk\/","title":{"rendered":"General Anti-Abuse Rule (GAAR) Discussion Paper (UK)"},"content":{"rendered":"<p>The <a href=\"https:\/\/www.hm-treasury.gov.uk\/press_45_12.htm\">UK Government<\/a> has stated that it is strongly committed to tackling tax avoidance. For this purpose, it has today (12.06.2012) launched a formal consultation on a new general anti-abuse rule (GAAR) to tackle artificial and abusive tax avoidance schemes.  This follows the Budget 2012 announcement that such a rule will be introduced in 2013. GAAR is expected to deter artificial tax avoidance schemes and contribute to providing a more level playing field for business. <em>The Discussion paper is relevant from the Indian context because the Indian law on GAAR is broadly based on the UK law<\/em>. <\/p>\n<div class=\"journal2\">\n<p><img decoding=\"async\" src=\"https:\/\/itatonline.org\/info\/wp-content\/plugins\/wp-downloadmanager\/images\/ext\/pdf.gif\" alt=\"\" title=\"\" style=\"vertical-align: middle;\" \/>&nbsp;&nbsp;<strong><a href=\"https:\/\/itatonline.org\/info\/download\/GAAR_UK_Discussion_Paper.pdf\">General Anti-Abuse Rule (GAAR) Discussion Paper (UK)<\/a><\/strong> (319.0 KiB, 1,453 hits)<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The <a href=\"http:\/\/www.hm-treasury.gov.uk\/press_45_12.htm\">UK Government<\/a> has stated that it is strongly committed to tackling tax avoidance. For this purpose, it has today (12.06.2012) launched a formal consultation on a new general anti-abuse rule (GAAR) to tackle artificial and abusive tax avoidance schemes.  This follows the Budget 2012 announcement that such a rule will be introduced in 2013. GAAR is expected to deter artificial tax avoidance schemes and contribute to providing a more level playing field for business. <em>The Discussion paper is very relevant from the Indian context because the Indian law on GAAR is also broadly based on the UK law<\/em><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/itatonline.org\/info\/general-anti-abuse-rule-gaar-discussion-paper-uk\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1,7],"tags":[],"class_list":["post-1758","post","type-post","status-publish","format-standard","hentry","category-all-information","category-others"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/posts\/1758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/comments?post=1758"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/posts\/1758\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/media?parent=1758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/categories?post=1758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/info\/wp-json\/wp\/v2\/tags?post=1758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}