HMRC said it may obtain the German finance ministry’s details on individuals
involved in suspected tax evasion.‘Part of… our reciprocal double taxation
agreement with other tax jurisdictions allows for the exchange of information
where necessary,’ said a spokesman.
With a reputation as a tax haven for German speakers, Liechtenstein is
unlikely to be the first choice for offshore investment from Britain. The
Organisation for Economic Co-operation and Development said the disclosures
about alleged tax evaders, which have seen former Deutsche post chief executive
Klaus Zumwinkel’s house raided, were part of a broader challenge.
‘As long as there are financial centres that refuse to co-operate … residents
in other countries will be tempted,’ said secretary-general Angel Gurría.
HMRC has won its tenth successive case against tax avoidance schemes promoted by NT Advisors. The Court of Appeal has ruled that NT ... read more
HMRC is continuing to ramp up the number of raids on premises it carries out as part of criminal investigations, searching 761 properties in the last year
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
Since the release of HMRC’s plans for digital tax reforms, many have agreed with the call for a delay