Policy paper

Tackling offshore tax evasion: requirement to correct

This tax information and impact note will introduce legislation to taxpayers with undeclared UK tax liabilities for offshore interests by disclosing the information to HM Revenue and Customs (HMRC).



The Requirement to Correct will introduce legislation that will require taxpayers who have undeclared UK tax liabilities in respect of offshore interests by disclosing the relevant information to HMRC.

Published 5 December 2016