New Penalties to Tackle Offshore Tax Evasion
HMRC has issued a reminder of the forthcoming new penalties for “offshore” non-compliance. These new penalties appear to be associated with other activities, for instance developments in the Tax Information Exchange Agreements network. http://www.charteredaccountants.ie/General/News-and-Events/News1/2011/February/New-Penalties-to-Tackle-Offshore-Tax-Evasion/