Turning up the heat on corporate standards
By Paul Scully, North West head of tax at Grant Thornton
The idea of guilt by association has always been with us. You only need to look across the Atlantic to the drama unfolding in the White House to understand that people can be judged by the company they keep.
That concept of contamination through association with suppliers, employers and related entities has been given some real teeth in the world of tax through the enactment of the Criminal Finances Act 2017, which took effect from September last year.
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