Response to disclosable arrangements consultation published
Released 13 January 2020
HMRC have published a summary of responses to the recent consultation International Tax Enforcement: disclosable arrangements.
At Budget 2018, the government announced that it would introduce legislation requiring taxpayers and their advisers to disclose details of certain cross-border arrangements to HMRC. The government consulted on draft legislation over Summer 2019 and has now amended the legislation to ensure the rules are effective and proportionate.