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Monitoring Compliance

Carlos Ortiz, Partner, and Aileen Barry, Director, of DLA Piper Rudnick Gray Cary's New York and London Offices, respectively, examine the US & UK approach when monitoring tax compliance

 
Carlos Ortiz Partner and Aileen Barry Director of DLA Piper Rudnick Gray Cary's New York and London Offices respectively examine the US & UK approach when monitoring tax compliance
 
Amongst the many challenges facing HMRC and the IRS a common theme appears: the detection defeat and deterrence of noncompliance by taxpayers. The IRS and HMRC meet regularly to exchange information with one common purpose: to fulfil their roles as efficient tax collectors for their respective governments. What might a company then expect if selected for a direct tax investigation by either authority and how will the matter be...

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