The Evolution of Australia’s GAAR: From Peabody to PepsiCo

Bulletin for international taxation 2026

View at publisher
Authors: Neil Pereira
DOI: 10.59403/1sa3dr2
Cited by: 0

Abstract

This article examines the evolution of Australia’s GAAR under Part IVA of the ITAA 1936, tracing legislative reforms, key judicial interpretations and the refinement of core concepts such as the “dominant purpose” test and “reasonable alternative”. It highlights the ongoing balance between curbing contrived tax avoidance and protecting genuine commercial transactions, with PepsiCo marking a pivotal recalibration.

Fields of Study & Subjects

Taxation and Legal Issues Corporate Taxation and Avoidance Legal and Constitutional Studies

Publication details

Journal / source
Bulletin for international taxation
Volume
80
Issue
2
Publication date
9 February 2026
Language
EN