UK Chief Secretary to the Treasury Danny Alexander has announced plans to implement new criminal offences and higher penalties for tax evaders and enablers of tax evasion. The plans include:
- Introducing a new strict liability criminal offence for offshore evasion, so it's no longer possible to plead ignorance in an attempt to avoid criminal prosecution
- Making it a criminal offence for companies that fail to prevent tax evasion or otherwise facilitate tax evasion
- Increasing the financial pena…