To which of the following will the general anti-avoidance provisions in Part IVA apply: (1)A scheme that has a commercial purpose but which is “tax driven” (2)A scheme that depends on a tax benefit to give a commercial outcome. (3)A scheme that makes no commercial sense without the tax benefit. (4)A scheme that is explicable only by the tax benefit obtained. A.only(1) B.only (1) and (2) C.only (1),(2) and (3) D.All of (1)to(4) E.only (2),(3),(4) F.only (3),(4) G.only(4)
To which of the following will the general anti-avoidance provisions in Part IVA apply: (1)A scheme that has a commercial purpose but which is “tax driven” (2)A scheme that depends on a tax benefit to give a commercial outcome. (3)A scheme that makes no commercial sense without the tax benefit. (4)A scheme that is explicable only by the tax benefit obtained. A.only(1) B.only (1) and (2) C.only (1),(2) and (3) D.All of (1)to(4) E.only (2),(3),(4) F.only (3),(4) G.only(4)
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To which of the following will the general anti-avoidance provisions in Part IVA apply:
(1)A scheme that has a commercial purpose but which is “tax driven”
(2)A scheme that depends on a tax benefit to give a commercial outcome.
(3)A scheme that makes no commercial sense without the tax benefit.
(4)A scheme that is explicable only by the tax benefit obtained.
A.only(1) B.only (1) and (2) C.only (1),(2) and (3) D.All of (1)to(4) E.only (2),(3),(4) F.only (3),(4) G.only(4)
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