News

U.K. Tax Authority Publishing ‘Naming and Shaming’ List for Unrepentant Evaders

By Brian Monroe

The United Kingdom's chief tax authority is compiling a publicly available list to shame British citizens who avoid paying taxes on more than 25,000 pounds of income, the agency disclosed Wednesday. The plan by Her Majesty's Revenue & Customs (HMRC) will emulate the "naming and shaming" list maintained by Ireland since the 1980s, according to HMRC spokeswoman Sara Gaines, adding that the document could be published as soon as this year. "This is radically different than anything we have ever done before." HMRC's decision to start the list is a direct response to a global economic downturn, which has spurred...

TO READ THE FULL STORY
Subscribe Learn More