The section on anti avoidance now has extended what is covered to:
"avoidance, evasion, aggressive tax planning and unfair outcomes"
A couple of years ago HMRC, defined avoidance as not what Parliament intended and planning is using tax reliefs for the purpose intended.
So, what is aggressive tax planning and unfair outcomes?
And more importantly who decides if aggressive or unfair?
My answers
The section on anti avoidance now has extended what is covered to:
"avoidance, evasion, aggressive tax planning and unfair outcomes"
A couple of years ago HMRC, defined avoidance as not what Parliament intended and planning is using tax reliefs for the purpose intended.
So, what is aggressive tax planning and unfair outcomes?
And more importantly who decides if aggressive or unfair?