Changes over time for: Section 81B
Status:
Point in time view as at 01/04/2018.
Changes to legislation:
There are currently no known outstanding effects for the Tax Collection and Management (Wales) Act 2016, Section 81B.
Changes to Legislation
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[81BTax avoidance arrangementsE+W
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(1)For the purposes of this Part, an arrangement is a ““tax avoidance arrangement”” if the obtaining of a tax advantage for any person is the main purpose, or one of the main purposes, of a taxpayer entering into the arrangement.
(2)In determining whether the main purpose, or one of the main purposes, of an arrangement is the obtaining of a tax advantage regard may in particular be had to the amount of devolved tax that would have been chargeable in the absence of the arrangement.
(3)In this Part—
(a)an “"arrangement”” includes any transaction, scheme, action, operation, agreement, grant, understanding, promise, undertaking, event or any series of any of those things (whether legally enforceable or not);
(b)references to an arrangement are to be read as including—
(i)a series of arrangements, and
(ii)any part or stage of an arrangement comprised of more than one part or stage;
(c)“"taxpayer”” means a person liable to devolved tax or who would be liable but for the tax avoidance arrangement in question.]
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