Anti-avoidance rules are divided into two main categories: “general” and “specific.”A general anti-avoidance rule (GAAR) is aset of broad principles-based rules within a country’s tax code designed to counteractthe perceived avoidance of tax. GAAR is aconcept within law that provides the taxingauthority a mechanism to deny the tax benefits of transactions or arrangements
believed not to have any commercialsubstance or purpose other than to generatethe tax benefit(s) obtained.
Tax law designed to deal with particulartransactions of concern are termed as eitherspecific anti-avoidance rules (SAARs) or, lesscommonly, targeted anti-avoidance rules
DOWNLOAD FULL ARTICLE : GAAR rising Mapping tax enforcement’s evolution – February 2013
2 Today’s shifting GAAR landscape:highlighting recent changes around theworld
5 Common traits of anti-avoidance and GAARs: the differences in localdesign and approach
10 GAAR and SAAR: what’s thedifference, and when do theyintersect?
16 GAAR and tax treaties
18 GAAR design and administration:the balancing act
20 Living with GAAR: leading practicesfor tax life cycle management
22 Business as usual?
GAAR assessments by country