November 19, 2020

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Corporate Criminal Offence

Corporate Criminal Offence. Why it’s important your business is aware of this legislation.

The Corporate Criminal Offence (CCO) legislation was introduced in September 2017 to help prevent the facilitation of tax evasion in businesses. The legislation holds corporations liable if they fail to prevent anyone acting on behalf of their company from facilitating tax evasion. Facilitating tax evasion is a criminal offence and is subject to sanctions. CCO

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