| 释义 |
clearance
n. 1. A certificate acknowledging a ship’s compliance with customs requirements. 2. A formal notification from HM Revenue and Customs that a specified anti-avoidance provision does not apply to a specified proposed transaction. The procedure is only available when specified by statute, as, for example, on the reorganization of a company’s share capital, on the demerger of a company’s trade, and on a company’s purchase of its own shares. Once clearance has been given (and not withdrawn), the anti-avoidance provision cannot be applied to the transaction, even if the transaction would fall within the taxing provision. |