The guidance on ICTA88/S776 is arranged as follows:
| BIM60305 | Summary |
| BIM60310 onwards | Conditions |
| BIM60340 onwards | Common situations |
| BIM60370 onwards | Exemptions |
| BIM60380 | Computation |
| BIM60385 | Assessments |
| BIM60390 | Non-residents |
| BIM60395 onwards | Clearance applications |
| BIM60450 onwards | Definitions |
| BIM60480 | Tax cases |
This guidance is concerned with ICTA88/S776 and the supplemental
provisions at ICTA88/S777. It describes what ICTA88/S776 seeks to
achieve, outlines the statutory provisions and provides examples of
where it may be applied. It does not set out to describe
exhaustively the full detail and potential application of this
complex anti-avoidance legislation.
Any case where an Inspector considers that ICTA88/S776 should
be invoked
must be submitted to Business Tax (Technical)
before the matter is raised with the taxpayer or agent.
