Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Lessons from the Panama and Paradise Papers

09 January 2018 / Tori Magill
Issue: 4630 / Categories: Comment & Analysis
istock-454099097_fmt

The bigger picture

KEY POINTS

  • The new facilitator and enabler regimes create new exposure for those who provide services to UK taxpayers.
  • The ‘leaktivist’ culture creates extra challenges for advisers who need to build or maintain client confidence.
  • As the tax landscape evolves in response to public opinion so are the services clients want from practitioners.
  • Advisers can use the new regimes as the impetus to future-proof their practice protect themselves and modernise their services.
  • What is known about the firms at the source of the Panama and Paradise Papers controversies provides a useful case study in the important roles of compliance and culture in any organisation.

The UK’s tax system must be fit to raise revenue fit for the future and ‘robust against abuse so that it is fair...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

FIVE WAYS TO MAKE ACCOUNTS PRODUCTION AND TAX EASIER.
Download the exclusive Xero
free report here.

New queries
Please email any questions you might have
to: taxation@lexisnexis.co.uk.

back to top icon