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View Full Version : New Criminal Offence and Penalties for Offshore Tax Evaders



NewsBot
20-Aug-14, 03:40
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:

New Criminal Offence and Penalties for Offshore Tax Evaders




People with undeclared offshore tax liabilities are being urged to come forward and pay what they owe or face prosecution, under new rules announced by the government today. The new criminal offence of failing to declare taxable offshore income and gains is set out in an HM Revenue and Customs (HMRC) consultation paper launched today. [Read Full Article (http://www.caithness-business.co.uk/article.php?id=5231)]