Legal updates: November 2017

In this month's legal updates, experts at law firm Gateley plc outline corporate tax evasion offences under the Criminal Finances Act, the key changes as part of the new General Data Protection Regulation (GDPR) and consider whether the Duomatic principle could be invoked in order to validate the appointment of administrators

Corporate tax evasion offences - what you need to know

Two new corporate offences relating to the facilitation of tax evasion were recently introduced via the Criminal Finances Act 2017. These offences apply to companies, partnerships and LLPs and cover the facilitation of tax evasion both in the UK and overseas. The new offences echo the existing ones relating to acts of bribery, so an organisation will be liable if it fails to prevent any of its 'associated persons' (which includes employees and agents) from facilitating tax evasion.

To be liable for one of the new offences, a three stage process must be satisfied:

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Corporate tax evasion offences - what you need to know

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