Second, it’s rejected any idea of a panel of tax industry experts having control of this process, as adopted in the UK General Anti-Abuse Rule, and third it is saying that the general anti-avoidance rule must be wide reaching, recommending:
introducing a rule to give the GAAR priority over any other legislative measures and international double tax arrangements.
That last is the key point. The UK General Anti-Abuse Rule backed off from this. Scotland is not going to do so. They’re right. Westminster very definitely got it wrong.
Isn’t that wonderful? He’s actually arguing for a super law, a Star Chamber sort of idea. Be damned with the law, whether it be domestic or international, don’t worry about the promises that government has made to Johnny Foreigner. If we don’t think you’re paying enough tax then you’re not paying enough tax.
Isn’t that just great? Tax avoidance is the Devil for which we must cut down all the laws of England and Wales?