Market leading insight for tax experts
View online issue

Offshore Arrangements under Siege

Andrew Watt Director of Tax Investigations Chiltern plc discusses HMRC's latest concern about offshore arrangements
There is nothing new in HMRC's special interest in not to say concern about any offshore arrangements entered into by any taxpaying entity resident in the United Kingdom (UK). For years the very mention in accounts or documentation of opaque structures such as 'stiftung' or 'anstalt' was sufficient to merit fairly intense scrutiny by what was then a Somerset House specialist. What is new is the extent of international co-operation between fiscal authorities both inside and outside the European Union (EU) urged on by the finance ministers of the Group of Seven leading industrial nations and the wider membership of the Organisation for Economic Cooperation & Development (OECD). This previously unheard of degree of...

If you or your firm subscribes to, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or '' for further assistance.