General anti-avoidance rule applies in addition to or instead of other bases when determining tax liability. The General Anti-Avoidance Rule: the provisions of this Chapter shall apply in addition to, or in lieu of, any other basis for determination of tax ... Summary
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General anti-avoidance rule applies in addition to or instead of other bases when determining tax liability.
The General Anti-Avoidance Rule: the provisions of this Chapter shall apply in addition to, or in lieu of, any other basis for determination of tax liability, thereby modifying or supplementing existing bases for determining an assessee's tax liability.
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