Tax Evasion and the Law: A Comparative Analysis of the UK and USA

Bourton, Sam

Abstract

Following the global financial crisis, and a number of tax evasion scandals, there has been an increased public demand for countries to tackle tax evasion. In response, the past two decades have seen the diffusion of international cooperation in tax matters of a nature and on a scale that was previously unthinkable. Additionally, both the United Kingdom (UK) and United States (US) have paid greater attention to this financial crime, amending relevant laws and enforcement policies, as well as empowering and supporting tax authorities to enhance investigations. In the UK, there has not only been a stronger public appetite to combat tax evasion, but also, a desire to combat tax evasion using the criminal justice system. In light of these contemporary national and international developments, this book provides a unique contribution by comparing and evaluating the laws and enforcement policies pertaining to tax evasion in the UK and US. This monograph argues that the laws and enforcement policies are neither internally, nor externally, effective in combatting tax evasion and a comprehensive reform of the UK’s approach is long overdue. Significant insights can be gained from the US in improving the effectiveness of the UK legal framework.

• Book Type: Monograph
• Deposit Date: Mar 26, 2024
• Publisher: Routledge
• Series Title: Law of Financial Crime
• Keywords: Tax Evasion, Tax Fraud
• Public URL: https://uwe-repository.worktribe.com/output/11396160
• Publisher URL: https://www.routledge.com/The-Law-of-Financial-Crime/book-series/FINCRIME#:~:text=About%20the%20Series&text=Books%20in%20the%20series%20will,tax%20evasion%2C%20bribery%20and%20corruption.
• Contract Date: Mar 26, 2024