The General Anti-avoidance Principle debate

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I have had no time to comment on responses to the announcement of a review on a possible GAAR (or General Anti-avoidance Principle as I’d prefer) for the UK.

However, Andrew Goodall has done so and it’s available here.

It looks like all the usual philistine commentary is out there already fro the CBI et al.

What I find amazing is that these people say they need certainty. But they create the complexity in their delaings to avoid tax. That’s the paradox they won’t be able to resolve in their positions: they can’t have it both ways.