We are drawing the end of this week with one plus great news about a newly published IOTA Paper. This edition runs under the title ‘Application of the General Anti-Avoidance Rule in Complex Tax Avoidance Schemes: Practical Examples’, and is written by Martynas Endrijaitis, Deputy Head of the State Tax Inspectorate under the Ministry of Finance of the Republic of Lithuania.
Recent debates have increasingly focused on the practical application of the principle of substance over form in complex tax avoidance schemes. This Paper examines a case of best practice in Lithuania: the complex situations exposed by the Lithuanian tax authorities, the circumstances revealing tax evasion, and the way these situations were taxed. The article provides other IOTA member tax administrations with a greater understanding of Lithuanian’s approach to the circumstances of complex tax avoidance schemes that become relevant in the state's practice of taxation. The full version of the Paper will open if you click here.
In the meantime, if you would like to browse among the previous issues, head over to the dedicated webpage of the IOTA Papers. We wish you a good reading!
Would you like to see your IOTA Paper published? Do you have any relevant issues you wish to share?
Please contact the IOTA PCP of your Tax Administration and find the submission link in our monthly Newsletter. We're looking forward to receiving your IOTA Paper!