BG 1 Tax avoidance
Avoidance arrangement void
A tax avoidance arrangement is void as against the Commissioner for income tax purposes.
Under Part G (Avoidance and non-market transactions), the Commissioner may counteract a tax advantage that a person has obtained from or under a tax avoidance arrangement.
Defined in this Act: Commissioner , income tax , tax avoidance arrangement
Compare: 1994 No 164 s BG 1