Question: Under the General Anti - Avoidance Rule ( GAAR ) , what makes a transaction a tax avoidance transaction? A ) A tax benefit is

Under the General Anti-Avoidance Rule (GAAR), what makes a transaction a tax avoidance transaction?
A) A tax benefit is obtained through legitimate business purposes
B) The primary purpose is not obtaining a tax benefit
C) The transaction was undertaken primarily for bona fide business purposes
D) The primary purpose is to obtain a tax benefit without business purposes

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