A GAAR to catch it all

Plans to introduce a General Anti-Abuse Rule run the risk of casting the net wider than intended, says Sophie Dworetzsk

With tax planning frequently taking centre stage, and the likes of Google and Amazon coming in for public vilification for their practices, the General Anti-Abuse Rule (GAAR) is both topical and timely. Let’s see if it is indeed the panacea to sort the abusive from the non-abusive in the tax planning world, and what exactly it does.

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