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Time's up for offshore evaders

21 July 2015
Issue: 4510 / Categories: News , Admin , Compliance
Four consultations have been published as part of the Treasury’s tackling evasion and avoidance regime:
 
  • Strengthening civil deterrents for offshore evaders: HMRC are asking for comments on the options for changing the way they calculate the penalties for offshore evasion and potential safeguards.
  • Civil sanctions for enablers of offshore evasion: This consultation sets out the government’s plans to introduce new civil sanctions for enablers of offshore tax evasion. 
Four consultations have been published as part of the Treasury’s tackling evasion and avoidance regime:
 
  • Strengthening civil deterrents for offshore evaders: HMRC are asking for comments on the options for changing the way they calculate the penalties for offshore evasion and potential safeguards.
  • Civil sanctions for enablers of offshore evasion: This consultation sets out the government’s plans to introduce new civil sanctions for enablers of offshore tax evasion. 
  • A new corporate criminal offence of failure to prevent the facilitation of evasion: The purpose of this consultation is to find a proportionate way of ensuring corporations can be held accountable under the criminal law for failing to prevent their agents from criminally facilitating tax evasion.
  • A new criminal offence for offshore evaders: The government has confirmed it intends to introduce a...

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