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Due Diligence HMRC

Hogan Lovells

The UK’s Department for International Trade publish export control enforcement data for 2021

Hogan Lovells on

Between March and November 2021 HMRC issued compound penalties in respect of unlicensed exports of dual use goods, military goods and related activity controlled by the Export Control Order 2008 with settlements totalling...more

BCLP

Letting agents: anti-money laundering requirements

BCLP on

On 10 January 2020, The Money Laundering and Terrorist Financing (Amendment) Regulations 2019 came into force. As a result, letting agents are now supervised by HMRC for anti-money laundering and counter-terrorist financing...more

McDermott Will & Emery

Online Marketplaces – Joint and Several Liabilities for VAT

McDermott Will & Emery on

Online marketplace operators should ensure compliance with UK rules that may cause them to be jointly and severally liable for UK value added tax on sales made by foreign traders on their marketplace....more

Skadden, Arps, Slate, Meagher & Flom LLP

"The New UK Corporate Offence of 'Failure to Prevent the Facilitation of Tax Evasion': Implications for Fund Managers and...

The U.K. government expands its crackdown on tax evaders and the persons who assist them, by targeting businesses who fail to prevent tax evasion....more

Proskauer Rose LLP

United Kingdom and United States Conclude FATCA Intergovernmental Agreement

Proskauer Rose LLP on

On September 12, 2012, the United Kingdom became the first government to enter into an agreement (the "Agreement") with the United States regarding the U.S. withholding tax regime commonly referred to as the Foreign Account...more

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