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The Future of Offshore Compliance by Andy Cole CBE
In March 2019 HMRC published an update of the earlier 2013 “No Safe Havens” offshore tax compliance strategy. Since 2013, the offshore landscape has changed significantly. Currently, more than 100 countries have adopted the Common Reporting Standard (CRS) as their process to automatically exchange tax information data. By 30 September 2018 all countries had exchanged