General anti-avoidance rules and the rule of law

• Main Author: OOI, Vincent
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2019
• Subjects: Tax Law; Taxation; General Anti-Avoidance Rules; Jurisprudence; Rule of Law
• Online Access: https://ink.library.smu.edu.sg/sol_research/3167; https://ink.library.smu.edu.sg/context/sol_research/article/5125/viewcontent/Poster_1.pdf
• Institution: Singapore Management University

General Anti-Avoidance Rules (“GAARs”) grant tax authorities wide powers to counteract tax avoidance transactions notwithstanding that the taxpayer may have complied with the strict letter of the law. These wide powers raise questions of possible conflicts with fundamental principles such as the Rul...