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Friday, March 20, 2015

Companies aiding tax evaders to be criminally liable

New offence of corporate failure to prevent tax evasion, and offshore dodgers face ‘strict liability’ criminal charge

Banks and accountants that aid tax evasion will face criminal penalties under plans unveiled by the government.

A new offence of corporate failure to prevent evasion is being created to address those who assist dodging. Such offenders could also be “named and shamed” alongside the evaders themselves.

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from Network Front | The Guardian More