Direct Taxation

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Definitions
Direct Taxation
Direct Taxation Income Tax Corporation Tax Tax Incidence Taxation System Financial Accounting Tax Planning Public Finance
Taxation, the effect of which is intended to be borne by the person or organization that pays it.
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Definitions
General Anti-Abuse Rule (GAAR)
General Anti-Abuse Rule GAAR Tax Avoidance Tax Law UK Taxation Finance Act 2013 Tax Advantage Direct Taxation
A measure designed to counter tax avoidance in the UK by outlawing any arrangement that creates a tax advantage through means judged 'artificial and abusive.' The rule evaluates the reasonableness of the arrangements.
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