A range of international agreements and cross-border developments have increased tax authorities’ powers to exchange information and give mutual assistance to collect tax debts. Liesl Fichardt and Catherine Francis explain
Tax authorities worldwide are continuously looking at ways in which to widen their respective tax nets. In the past few years in the UK and in other jurisdictions authorities have enhanced their domestic powers of information gathering and investigation have allocated substantial resources towards the collection of taxes and have become more sophisticated in the manner in which they pursue tax disputes.
More recently cross-border cooperation has become a stronger area of focus. Although authorities have been engaging with each other to exchange information across jurisdictions over...
