Revenue Scotland and Tax Powers Act 2014 section 69

Final notice to taxpayer of counteraction of tax advantage

Section 69 requires the designated officer to issue a final notice to the taxpayer confirming whether a tax advantage will be counteracted under the general anti-avoidance rule, and if so, what adjustments will be made.

• After the deadline for the taxpayer to make representations has passed, the designated officer must issue a final notice
• The notice must state whether the tax advantage arising from the tax avoidance arrangement will be counteracted
• If counteraction is confirmed, the notice must set out the adjustments required to give effect to it
• Where relevant, the notice must also specify any steps the taxpayer must take, and the time allowed to complete them