Though the acronym is the same, the Welsh GAAR, together with its Scottish counterpart, is unlike the UK GAAR; the significant distinction is reflected in the name itself. The Welsh GAAR stands for ‘General Anti-Avoidance Rule’, while the UK GAAR is the acronym for ‘General Anti-Abuse Rule’ – between ‘avoidance’ and ‘abuse’ lies the difference in the legislative intention. The Welsh GAAR is contained in TCMWA 2016, Pt. 3A.

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