Further action on tax avoidance
The agreement by Guernsey to share tax information with HM Revenue & Customs could see a significant shift in power to the UK authorities in their drive to crack down on offshore tax evasion.
Last week Guernsey announced that it had signed up to a Tax Information Exchange Agreement with the UK HMRC.
The action could be taken as a sign that the UK authorities are becoming more aggressive in their pursuit of offshore tax evaders. The agreement is a significant piece of legislation.
Date: 16th February, 2009
Articles from this Author
20th July, 2017
Uncertain times for winding up transactions
3rd July, 2017
9th June, 2017
27th April, 2017
Government places Making Tax Digital legislation on hold
Contact Business Service Partners
Choose from the drop down menu below to select a Partner to contact.
For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole