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ARTICLE · 24 APRIL 2017

Practical Considerations To Tax Compliance: No Offence Intended

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.

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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

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