Facilitation of tax evasion offence – Technical Briefing
In July 2017 the BVCA held a series of workshops on the Criminal Finances Act 2017 and the “failure to prevent the facilitation of tax evasion” offence (the "FTP Offence"). We discussed how the legislation will affect BVCA member firms and held meetings with HMRC to discuss their feedback. The aim of this document is to highlight the scope of the legislation and how it applies to the venture capital and private equity industry.
