Proposed New UK Penalties Regime Precipitated by CRS – JD Supra (press release)


via Automatic Exchange of Tax Information http://bit.ly/2dw9LSC

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Proposed New UK Penalties Regime Precipitated by CRS
JD Supra (press release)
HMRC is proposing to give these taxpayers until 30 September 2018 to regularise their UK tax affairs before imposing increased penalties for any “Failure to Correct” (“FTC”) from 1 October 2018 onwards. This proposed window of opportunity is expressly