Paragraph 4
T (within the meaning of paragraph 1) incurs a “defeat” in respect of abusive tax arrangements entered into by T (“the arrangements concerned”) if—
(a)
Condition A (in paragraph 5) is met, or
(b)
Condition B (in paragraph 6) is met.
T (within the meaning of paragraph 1) incurs a “defeat” in respect of abusive tax arrangements entered into by T (“the arrangements concerned”) if—
Condition A (in paragraph 5) is met, or
Condition B (in paragraph 6) is met.