The GAAR advisory panel has issued two new opinions, each involving a form of contractor loan scheme and transfer of creditor rights to an employer financed retirement benefit scheme (EFRBS).
The GAAR advisory panel has issued two new opinions, each involving a form of contractor loan scheme and transfer of creditor rights to an employer financed retirement benefit scheme (EFRBS). In each case, the panel’s conclusion was that the entering into and carrying out of the arrangements was not a reasonable course of action in relation to the relevant tax provisions.
The GAAR advisory panel has issued two new opinions, each involving a form of contractor loan scheme and transfer of creditor rights to an employer financed retirement benefit scheme (EFRBS).
The GAAR advisory panel has issued two new opinions, each involving a form of contractor loan scheme and transfer of creditor rights to an employer financed retirement benefit scheme (EFRBS). In each case, the panel’s conclusion was that the entering into and carrying out of the arrangements was not a reasonable course of action in relation to the relevant tax provisions.