C1PART 5General anti-abuse rule
Annotations:
Modifications etc. (not altering text)
206C1General anti-abuse rule
1
This Part has effect for the purpose of counteracting tax advantages arising from tax arrangements that are abusive.
2
The rules of this Part are collectively to be known as “the general anti-abuse rule”.
C23
The general anti-abuse rule applies to the following taxes—
a
income tax,
b
corporation tax, including any amount chargeable as if it were corporation tax or treated as if it were corporation tax,
c
capital gains tax,
d
petroleum revenue tax,
F1da
diverted profits tax,
F2db
apprenticeship levy,
e
inheritance tax,
f
stamp duty land tax, and
g
annual tax on enveloped dwellings.
F3h
multinational top-up tax.
F4i
domestic top-up tax.
Pt. 5 extended (with effect in accordance with s. 10(7) of the amending Act) by National Insurance Contributions Act 2014 (c. 7), s. 10(1) (with s. 10(7))