KPMG Tax Seminar
7 June 2017, 8:30AM - 10:30AM, GMT Jersey, Jersey
As the industry prepares itself for the imminent introduction of the new “Corporate Criminal Offence” for corporates who fail to prevent the facilitation of tax evasion, Finance Bill 2017 includes the “Requirement to Correct”. That new piece of legislation requires “offshore tax non-compliance” to be voluntarily corrected by 30 September 2018 to avoid a new harsher penalty regime, including in some cases, asset based penalties.
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