I am genuinely confused. The Minister said that the measure would go wider than the GAAR as intended, because it covered all a business’s corporation tax, but part 5 of volume II of the Bill states at clause 203(3):
“The general anti-abuse rule applies to… corporation tax, including any amount chargeable as if it were corporation tax or treated as if it were corporation tax”.
The idea that the proposal would widen the measure beyond the scope of the Bill does not appear to be correct.