Schedule 43 General anti-abuse rule: procedural requirements

United Kingdom

1. The GAAR Advisory Panel
2. Meaning of “designated HMRC officer”
3. Notice to taxpayer of proposed counteraction of tax advantage
4. Referral to GAAR Advisory Panel
5. Decision of GAAR Advisory Panel and opinion notices
6. Notice of final decision after considering opinion of GAAR Advisory Panel
7. Notices may be given on assumption that tax advantage does arise
8. HMRC officers