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Latest Legal News

Latest Legal News

New Corporate Offence of Failure to Prevent Tax Evasion – 10 Things You Should Know

The UK is well known for having one of the toughest anti-bribery laws in the world, and extending the corporate offence of failure to prevent bribery to other areas of corporate crime seemed like a logical step for the UK Government to take. However, last year the Government appeared to shelve its plans to do just that. Its reasons were at the time unclear but it was thought to be because the Bribery Act had not been as successful as anticipated, there being at the time no prosecution of a company for the offence of failure to prevent bribery under the Bribery Act.

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