The general anti-avoidance provisions contained in Part IVA of the Income Tax Assessment Act 1939 (Cth) (the ITAA) were amended by the introduction of the Tax Laws Amendment (Countering Tax Avoidance and Multinational Profit Shifting) Act 2013 (Cth) (the Amendment Act). Generally speaking, the anti-avoidance provisions apply to any arrangement or scheme that is entered … Continue reading Tax Avoidance – New Part IVA Rules