Sarah Blakelock, Miranda Stewart
Cahiers de droit fiscal international - Volume 103A: Anti-avoidance Measures of General Nature and Scope - GAAR and Other Rules | International Fiscal Association | Published : 2018
Australia has had a legislative general anti-avoidance rule (‘GAAR’) in our federal income tax law since it was ﬁrst enacted in 1915. Australia's current GAAR was legislated in 1981 in Part IVA of the Income Tax Assessment Act 1936 (‘ITAA36’). The GAAR has been extensively considered by the courts since its introduction in 1981 and has also been amended from time to time since its introduction.