General Anti-Abuse Rule definition

General Anti-Abuse Rule means (a) the legislation in Part 5 of the Finance Act 2013; and (b) any future legislation introduced into parliament to counteract tax advantages arising from abusive arrangements to avoid national insurance contributions;
General Anti-Abuse Rule means (a) the legislation in Part 5 of the Finance Xxx 0000; and (b) any future legislation introduced into parliament to counteract tax advantages arising from abusive arrangements to avoid national insurance contributions;
General Anti-Abuse Rule has the meaning given to it in paragraph 6.3 of Schedule 12 (Financial Covenants and Bonds);

Examples of General Anti-Abuse Rule in a sentence

  • Since 17 July 2013 a General Anti-Abuse Rule has been in operation in the UK.

  • Tax avoiders who fall foul of the General Anti-Abuse Rule (GAAR) will suffer a penalty set at 60% of the tax due.

  • In this case it will only be achieved if all Member States adopt the common General Anti-Abuse Rule as recommended by the Commission in December 2012.

  • Since 2013 a General Anti-Abuse Rule has been in operation in the UK.

  • Since 17 July 2013, a General Anti-Abuse Rule has been in operation in the UK.


More Definitions of General Anti-Abuse Rule

General Anti-Abuse Rule means the further competition procedure described in paragraph 2 of Framework Schedule 5 (Call Off Procedure); means the legislation in Part 5 of the Finance Xxx 0000 and any future legislation introduced into parliament to counteract tax advantages arising from abusive arrangements to avoid national insurance contributions;
General Anti-Abuse Rule means the legislation in Part 5 of the Finance Xxx 0000; and any future legislation introduced into parliament to counteract tax advantages arising from abusive arrangements to avoid national insurance contributions;
General Anti-Abuse Rule. The legislation in Part 5 of the Finance Xxx 0000, and any future legislation introduced into Parliament to counteract tax advantages arising from abusive arrangements to avoid national insurance contributions.
General Anti-Abuse Rule means (a) the legislation in Part 5 of the Finance Act 2013; and (b) any
General Anti-Abuse Rule has the meaning given to it in Framework Schedule 1 (Definitions);
General Anti-Abuse Rule has the meaning given to it in DPS Schedule 1 (Definitions);
General Anti-Abuse Rule means: (a) the legislation in Part 5 of the Finance Xxx 0000; and (b) any future legislation introduced into parliament to counteract tax advantages arising from abusive arrangements to avoid national insurance contributions. GDPR The UK General Data Protection Regulation. General Change in Law a Change in Law where the change is of a general legislative nature (including taxation or duties of any sort affecting the Provider) or which affects or relates to a Comparable Supply. Good Industry Practice the standards, practices, methods and procedures conforming to the Law and the exercise of the degree of skill and care, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced person or body engaged within the relevant industry or business sector. Government the government of the United Kingdom (including the Northern Ireland Assembly and Executive Committee, the Scottish Executive and the National Assembly for Wales), including government ministers and government departments and other bodies, persons, commissions or agencies from time to time carrying out functions on its behalf.