Topic: HM Revenue and Customs
UK Criminal Finances Bill has ‘significant implications’ for Cayman
Two new corporate criminal offenses for the facilitation of tax crimes, introduced by the U.K. Criminal Finances Bill, will affect Cayman service providers that have U.K. clients or another nexus to the U.K. Representatives from the U.K.’s HM Revenue and Customs explained the application of the proposed law at an event hosted by Cayman Finance and the Ministry of Financial Services in March.
Cayman Finance hosts seminar on new UK bill
Cayman Finance will host a seminar on Thursday, March 23, at The Ritz-Carlton, Grand Cayman to discuss the U.K.’s latest Criminal Finances Bill.
UK gov’t proposes heavy fines for tax avoidance enablers
The U.K. government is planning to impose large fines for service providers and consultants who advise clients on how to avoid tax with schemes that are found to be unlawful.
