EU list of non-cooperative tax jurisdictions -17/22
6th December 2017
In the aftermath of the Paradise Papers, the EU has published a list of non-cooperative tax jurisdictions.
The Criminal Finances Act 2017 creates, inter alia, the strict liability corporate offence of failure to prevent the facilitation of tax evasion therefore this list may prove useful in designing appropriate procedures to mitigate the risks faced.
Please find the Commission’s press release here.
Please also see our regulatory briefing on the Criminal Finances Act 2017 here.
Should your firm require any assistance or advice concerning the Criminal Finances Act 2017 and the new corporate offence, do contact a member of our compliance team.
© CPA Audit LLP 2020.