On 5 October 2017 the government issued a statutory instrument (SI 2017/970) bringing into effect the strict liability criminal offences regarding offshore income/gains/activities which are described in TMA 1970 ss 106B–106H. A second statutory instrument (SI 2017/988) and its explanatory memorandum was issued on 13 October 2017 somewhat restricting the scope of the new offences.
(In this article all legislative references are to sections in TMA 1970 unless otherwise stated.)
Finance Act 2016 inserted three new criminal offences into TMA 1970:
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On 5 October 2017 the government issued a statutory instrument (SI 2017/970) bringing into effect the strict liability criminal offences regarding offshore income/gains/activities which are described in TMA 1970 ss 106B–106H. A second statutory instrument (SI 2017/988) and its explanatory memorandum was issued on 13 October 2017 somewhat restricting the scope of the new offences.
(In this article all legislative references are to sections in TMA 1970 unless otherwise stated.)
Finance Act 2016 inserted three new criminal offences into TMA 1970:
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If you do not subscribe but are a registered user, please enter your details in the following boxes: