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Page 1: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 2: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 3: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 4: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 5: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 6: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 7: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 8: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 9: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 10: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 11: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 12: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 13: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 14: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 15: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 16: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 17: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 18: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 19: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 20: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 21: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 22: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 23: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 24: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 25: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 26: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 27: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 28: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 29: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 30: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 31: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 32: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 33: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 34: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 35: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM
Page 36: A general anti-avoidance rul for direct taxes · Title: A general anti-avoidance rul for direct taxes Author: TLRC Subject: Commentary 77 Created Date: 3/24/2005 10:30:36 PM