For businesses, the Act's most significant innovation is the new strict liability corporate offence of failure to prevent facilitation of tax evasion in the UK and overseas. (burges-salmon.com)
Prosecutors will also face difficulties in proving the new failure to prevent offences, and in distinguishing facilitation of tax evasion from aggressive tax avoidance. (newlawjournal.co.uk)
This is a really significant piece of legislation which gives HMRC a global mandate to pursue the possible facilitation of tax evasion anywhere in the world should it involve a UK tax liability. (lawyer-monthly.com)