A7.112 Money laundering—tax evasion

Administration and compliance

A7.112 Money laundering—tax evasion

A7.112 Money laundering—tax      evasion

As stated in A7.111, a tax adviser is not expected to be      an expert in criminal law, but he would be expected to be aware of the      boundaries between deliberate understatement or other tax evasion and simple      cases of error or genuine differences in the interpretation of tax law and be      able to identify conduct in relation to direct and indirect tax which is      punishable by the criminal law. There will be no question of criminality where      the client has adopted in good faith, honestly and without mis-statement a

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