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Old 01.11.2019, 09:47
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

Quote:
Did the EU ignore it, or the respective national governments?
The EU have facilitated ignoring it by allowing 3 extensions.

Some points from my link on tax avoidance

'a Requirement To Correct any past offshore tax non-compliance or face greatly increased penalties (Finance (No. 2) Act 2017). These penalties start at 200% of the tax owed and can be reduced through co-operation and disclosure, but will not fall below 100%"
(45% tax x 3 = 135% of sum involved minimum is 90% of sum involved)

'• new simpler criminal offences and increased penalties for offshore non- compliance (Finance Acts 2015 and 2016) – involving over 25,000 of"

"This investment has helped change the way that HMRC deals with wealthy individuals and large businesses, and has resulted in increasing criminal charges for tax fraud to over 1,000 a year, a total of 4,900 years of custodial sentences, and associated revenue losses prevented of more than 13.5 billion since 2010."
Quote:
Is this it? https://europa.eu/rapid/press-release_IP-18-6853_en.htm

Doesn't mention anything about charities and mainly seems to have been brought in to get up to speed with the increasingly complex cross-border issues.
Covered in my previous link
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