"More recently, we have witnessed a significant uplift in the provision of strategic consulting advice, including in relation to Brexit"
When the 25 per cent tax charge for Qrops transfers was introduced in the March 2017 Budget, the government published figures suggesting that the charges would raise £65m for the Exchequer in 2017 to 2018.
This outpost of SKAT, as the I.R.S. in Denmark is known, seems an improbable setting for what the authorities call one of the great financial crimes in the country’s history.
Failure to comply with the new law could result in unlimited financial penalties, ancillary orders such as confiscation orders or serious crime prevention orders, and serious reputational damage.
Any individuals who have paid the incorrect amount of tax on overseas income in previous years must have corrected their tax returns by the deadline, or the potential fine will double to 200% of tax owed.
On average, EU member states have put in place treaties that give their tax authorities power to retrieve some information in respect of 82 per cent of the financial secrecy services facing their countries, according to the Tax Justice Network’s res