What question did this study set out to answer?

The study aims to evaluate how the Economic Crime Reforms change corporate liability for tax evasion in the UK.

April 24, 2026Open Access

Evaluating Corporate Liability for Tax Evasion under the UK's Economic Crime Reforms

Key Points

The study aims to evaluate how the Economic Crime Reforms change corporate liability for tax evasion in the UK.
Analyzed legal frameworks governing corporate tax liability.
Comparative examination of policies in the US, EU, and other jurisdictions.
Assessed the feasibility of compliance and proportionality in corporate accountability.
The reforms enhance corporate responsibility towards tax compliance.
Identified challenges in the execution of 'failure to prevent' measures.
Contextual insights into global best practices for corporate tax compliance emerged.

Abstract

The United Kingdom's Economic Crime Reforms established a significant change in corporate criminal liability by formalizing the "failure to prevent" approach regarding tax cheating. This framework assigns accountability to firms that fail to implement reasonable measures to avoid the facilitation of tax evasion by affiliated individuals. This study rigorously analyzes the legal underpinnings, actual execution, and obstacles of this concept. It assesses whether the reforms improve corporate responsibility while maintaining justice, proportionality, and compliance feasibility. A comparative examination of analogous policies in the United States, the European Union, and other jurisdictions offers a contextual understanding of worldwide best practices in corporate tax compliance.

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