The new strict liability corporate offences brought into force by the Criminal Finances Act 2017 make businesses criminally liable if their “associated persons” facilitate tax evasion by a taxpayer either in the UK or overseas. The offences, modelled on the corporate “failure to prevent bribery” offence in the Bribery Act 2010, are equally wide-ranging and […]

HM Revenue & Customs (HMRC) publishes tackling tax evasion: government guidance for the corporate offences of failure to prevent the criminal facilitation of tax evasion. The guidance sets down six guiding principles for companies and organisations to follow. Part 3 of the Criminal Finances Act 2017 (CFA), creating the corporate offences of failure to prevent […]