Tax avoidance clause

Tax avoidance clause has taken effect as of July 15. Tax avoidance clause is to prevent companies making artificial and no economic justification for actions that attempt to avoid the rules and tax benefits.

The amendment introduces a tax law concept of "tax avoidance". As follows:

 • made primarily in order to achieve a tax advantage,

• conflict in the circumstances of the object and purpose of a provision of the tax law,

• which is artificial.

The Act of having all these features will not result in the achievement of intended benefits. The Minister of finance will investigate them or taken from other bodies of the tax administration of the proceedings, which may end with the adoption of a decision determining the tax arrears of the taxpayer in respect of tax avoidance. 

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