Taxes Consolidation Act 1997 Schedule 33

Specific Anti-Avoidance Provisions for the Purposes of Part 33

Schedule 33 lists the specific anti-avoidance provisions that are recognised for the purposes of the general anti-avoidance rules in Part 33.

• Schedule 33 identifies the sections of the TCA 1997 that are treated as specific anti-avoidance provisions for the purposes of Part 33.
• The listed provisions cover a range of targeted anti-avoidance rules, including restrictions on loss relief (sections 381B and 381C), capital gains tax avoidance (section 546A), and disposal of assets to connected persons (section 590).
• The schedule also includes provisions addressing transactions involving tax havens and offshore structures (sections 806 and 807A) and the general anti-avoidance rules relating to transactions lacking commercial substance (sections 811B to 817C).
• If a transaction falls within one of these listed provisions, the general anti-avoidance rules in Part 33 may also apply alongside the specific provision.