Tax Law: Article 26 - Anti-Tax Avoidance
Chapter 5 - Tax Audit, Assessment and Provisional Seizure
Article 26 - Anti-Tax Avoidance
The tax effects of any agreement or transaction shall not be recognized if it is proved that its main purpose is represented in tax reduction, deferral, or exemption. Upon conducting the tax assessment, it is important to consider the true commercial or economic significance of the agreement or the transaction.
The executive regulation defines the terms and conditions related to the application of this Article.