Consultation on a new corporate offence of failure to prevent criminal facilitation of tax evasion

Close date: 10 July 2016

The Government consults on a new corporate offence of a failure to prevent criminal facilitation of tax evasion by persons working on behalf of a business, as outlined in HMRC's response document of 9 December 2015. The offence applies to all UK companies and partnerships as well as non-UK based corporations who fail to prevent their representatives criminally facilitating a UK tax loss. An organisation has a defence if it has put in place reasonable measures to prevent persons associated with it from committing tax evasion facilitation offences or it was not reasonable to expect the organisation to have any prevention procedures in place. The consultation seeks views on draft regulations and accompanying draft guidance.
Consultation document: Consultation on tackling tax evasion: legislation and guidance for a corporate offence of failure to prevent the criminal facilitation of tax evasion
Consultation outcome: Government response to the consultation on tackling tax evasion: a new corporate offence of failure to prevent the criminal facilitation of tax evasion