Policies Extension

Evaluating Corporate Liability for Tax Evasion under the UK’s Economic Crime Reforms

Abstract: The United Kingdom’s Economic Crime Reforms established a significant change in corporate criminal liability by formalizing the “failure to prevent” approach regarding tax cheating. This framework assigns accountability to firms that fail to implement reasonable measures to avoid the facilitation of tax evasion by affiliated individuals. This study rigorously analyzes the legal underpinnings, actual […]