Criminal Finances Act 2017: facilitation of tax evasion rules

HMRC is ramping up its action against businesses which fail to prevent facilitation of tax evasion by staff, but compliance levels are low. Businesses should act now given the risk of corporate criminal investigations, explains Ben Jones, tax partner at Eversheds Sutherland

Since September 2017, every business located anywhere in the world, regardless of size or activities, has been subject to potential corporate criminal prosecution in the UK if its ‘associated persons’ facilitate tax evasion (both UK tax evasion and, potentially, non-UK tax evasion).

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