General Anti-avoidance Rule (GAAR) is a reality now. GAAR had been made effective from 1st April 2017 and recently tax audit report has been amended to include reporting/disclosure of arrangements attracting GAAR. There are serious consequences once GAAR provisions are invoked. GAAR is also recognised in OECD’s BEPS programme. There are Anti-avoidance provisions in other laws as well. Tax payers and their advisors need to be updated and abreast about the latest developments in this field. Therefore, the BCAS International Taxation Committee had organised a full day seminar on GAAR and other Anti-avoidance Provisions. The Seminar was uniquely designed with a mix of Panel Discussions and Case Studies Presentations.
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