Let’s say it now – general anti-avoidance rules increase certainty and are good for honest business
The aim is to move tax law from what the law as passed by Parliament actually says is the law to some ethereal spirit of the law. To, in short, whatever HMRC thought the law passed by Parliament should have been.
This increases certainty how?
This is interesting too:
It provides a level playing field where honest business knows it will not be undercut by dishonest business;
This can only be true if taxation of business is damaging to business. As we don\’t actually want to damage business therefore we should stop taxing business, no?