Tainted elements of nugatory directive? The role of the general anti-avoidance provisions ("GAAR") in fiscal interpretation

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dc.contributor.author Cassidy, Julie en
dc.date.accessioned 2017-04-27T21:21:48Z en
dc.date.issued 2012 en
dc.identifier.citation Stellenbosch Law Review, 2012, 23 (2), 319 - 351 en
dc.identifier.issn 1016-4359 en
dc.identifier.uri http://hdl.handle.net/2292/32690 en
dc.description.abstract A number of commentators in South Africa have been critical of a key aspect of the relatively new General Anti-Avoidance Rule ("GAAR") (Part IIA of Chapter III of the Income Tax Act 58 of 1962) suggesting that section 80A(c)(ii), in particular, is not necessary in light of existing common-law approaches to statutory interpretation. The role of section 80A(a)(ii) is equally uncertain in light of these commentators' arguments. The broader question examined in this article is: "What can these provisions achieve that is not already adequately facilitated by the existing common law?" In turn the article considers whether these common-law principles are sufficient to combat tax avoidance and whether these provisions seek to achieve a goal that is beyond that provided by these common-law principles? In answering the first question the analysis highlights the comparatively limited scope of these common-law principles. It is concluded that because of, inter alia, the limited scope of these common-law principles they are not sufficient to combat tax avoidance. Further, in the taxation context the role of these common-law principles has been significantly impacted upon by the Duke of Westminster principle. In regard to the second research question, from the analysis it becomes clear that the statutory provisions have a wider operation than the common-law principles. Notably the statutory provisions are not premised on the prerequisites that are required to enliven the application of the subject common-law principles. Specifically, it is contended that legislative direction to have regard to the existence or absence of commercial substance (section 80A(a)(ii)) that includes a focus on individual steps that are part of a broader arrangement that lack commercial substance (section 80C(2) (a) and (b)(iii)) will make a positive contribution combating tax avoidance in South Africa. en
dc.description.uri http://hdl.handle.net/10520/EJC127080 en
dc.language English en
dc.publisher Juta Law en
dc.relation.ispartofseries Stellenbosch Law Review en
dc.rights Items in ResearchSpace are protected by copyright, with all rights reserved, unless otherwise indicated. Previously published items are made available in accordance with the copyright policy of the publisher. en
dc.rights.uri https://researchspace.auckland.ac.nz/docs/uoa-docs/rights.htm en
dc.title Tainted elements of nugatory directive? The role of the general anti-avoidance provisions ("GAAR") in fiscal interpretation en
dc.type Journal Article en
pubs.issue 2 en
pubs.begin-page 319 en
pubs.volume 23 en
pubs.author-url http://heinonline.org/HOL/Page?handle=hein.journals/stelblr23&div=26&g_sent=1&collection=journals en
pubs.end-page 351 en
pubs.publication-status Published en
dc.rights.accessrights http://purl.org/eprint/accessRights/RestrictedAccess en
pubs.subtype Article en
pubs.elements-id 551976 en
pubs.org-id Business and Economics en
pubs.org-id Commercial Law en
dc.identifier.eissn 1996-2193 en
pubs.record-created-at-source-date 2016-12-06 en


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