The U.K. government is set to introduce a new corporate criminal offence, based on the strict liability of the entity in question. It almost certainly will come into force in 2017, once the Criminal Finances Bill (Bill) is...more
12/23/2016
/ Associated Persons ,
Corporate Liability ,
Criminal Finances Bill ,
Criminal Liability ,
Financial Conduct Authority (FCA) ,
Fraud Prevention ,
HMRC ,
Public Interest ,
Risk Assessment ,
Risk Mitigation ,
Tax Evasion ,
UK
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
12/22/2016
/ Corporate Liability ,
Criminal Fascilitation ,
Criminal Liability ,
Criminal Penalties ,
Due Diligence ,
Employee Training ,
Foreign Tax ,
Fraud Prevention ,
Fund Managers ,
HMRC ,
Indemnity Agreements ,
Investors ,
Risk Assessment ,
Senior Managers ,
Tax Evasion ,
Third-Party Service Provider ,
UK ,
UK Bribery Act ,
White Collar Crimes
Skadden held a webinar on September 14, 2015, to discuss certain key aspects of the U.K. Supreme Court decision in Anson v. HMRC, with a focus on potential ramifications for multinational groups including Delaware LLCs (and...more
10/7/2015
/ Anson v HMRC ,
Business Taxes ,
Delaware Limited Liability Company Act ,
Dividends ,
Double Taxation ,
Foreign Corporations ,
HMRC ,
Limited Liability Company (LLC) ,
LLC Agreements ,
Tax Credits ,
Tax Treaty ,
UK ,
UK Supreme Court
Fundamental to any developed tax policy is knowing who the taxpayer is (or should be) with respect to any particular transaction. Although that can be relatively straightforward in purely domestic situations, a cross-border...more
9/29/2015
/ Anson v HMRC ,
BEPS ,
CFC ,
Cross-Border Transactions ,
Double Taxation ,
Entity Classification ,
HMRC ,
Legal Entity Identifiers ,
Limited Liability Company (LLC) ,
Tax Policy ,
Tax Treaty ,
UK ,
UK Supreme Court