GAAR Advisory Panel opinion of 16 December 2020: artificial repayment of a loan or advance to a participator

Published on: 04 February 2021

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Specialist Tax Regulatory Materials

Article summary

HMRC has published an opinion of the GAAR (General Anti–Abuse Rule) Advisory Panel regarding the artificial repayment of a loan or advance to a participator, to help individuals and businesses recognise abusive tax arrangements.

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

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