Tax Evasion Awareness (Global)
25 Minutes
Tax Evasion and the Criminal Finances Act: A Guide for Law Firms
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Description
The Criminal Finances Act, passed in April 2017, requires staff to be trained on tax evasion as part of a business' reasonable procedures to prevent the facilitation of tax evasion. This is a defence against the new corporate offence of failure to prevent the criminal facilitation of tax evasion, something a company can be prosecuted for if its staff or contractors help someone evade tax anywhere in the world.
This course takes a modern, fresh approach to tax evasion training with a focus on industry-specific guidance, role-relevant scenarios and an interactive, engaging approach to ensuring all staff have the skills and understanding they need to prevent facilitation under the United Kingdom's Criminal Finances Act.
Course Objectives
- The relationship between tax evasion, tax avoidance and tax mitigation
- The social and economic effects of failing to prevent tax evasion
- What is meant by reasonable procedures
- The penalties for committing an offence under the Criminal Finances Act
- Red flags for spotting facilitation of tax evasion
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This is a trial version of the course Tax Evasion and the Criminal Finances Act: A Guide for Law Firms Please note, we do not offer certificates for trial course completions.
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