Hit by Panama row, UK's Cameron announces new tax evasion law in 2016




 
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Hit by Panama row, UK's Cameron announces new tax evasion law in 2016
 
April 11th, 2016  
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Topic: Hit by Panama row, UK's Cameron announces new tax evasion law in 2016


Hit by Panama row, UK's Cameron announces new tax evasion law in 2016
British Prime Minister David Cameron will say on Monday that new legislation making companies criminally liable if employees aid tax evasion will be introduced this year, as he seeks to repair the damage from a week of questions about his personal finances. Cameron published tax records on Sunday to try and defuse criticism over his handling of the fallout from the Panama Papers, in which his late father was mentioned for setting up an offshore fund. After four carefully worded statements in four days, Cameron bowed to pressure and admitted that he had benefited from selling his share in his father's fund in 2010.




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