Attitudes to tax compliance have changed significantly in recent years. Practices that were once accepted are now under scrutiny. Governments that once turned a blind eye to what happened outside their jurisdiction are increasingly seeking information to identify those who have evaded tax. Banks and other financial institutions are subject to ever more onerous requirements to identify and report potential wrongdoing. In some cases they may be held criminally liable for failing to prevent the facilitation of tax evasion.
Our experience in conducting cross-border investigations into tax compliance and advising on implementing reasonable prevention procedures means we are perfectly placed to advise you should a tax issue arise. We understand how to scope and conduct investigations of this nature, cutting through the complex structures to identify the crux of the issue and helping you navigate the legal and reputational challenges that may arise.