Recent years have seen an increasing focus on tax compliance
across the globe, with a number of international and domestic
initiatives changing the tax planning and tax compliance
landscape.
The tax compliance landscape is changing, and the products and
services provided to clients are impacted by these changes. To
maintain good governance, every business must consider its position
- and that of their facilitators - in relation to tax matters and
how to remain compliant, now and in the future.
Recent global developments and initiatives on taxation and tax
compliance have increased the focus and attention of governments
and the wider public on both the evasion (illegal) and avoidance
(legal) of taxes by legal persons and legal bodies. This puts a
greater burden in regulated trust and company service providers,
who offer a range of trust and company administration services -
including the provision of services to international clients where
the structure or vehicle