do not need to register with HMRC if they are established in an EEA Member State and are registered on that state’s trust register. The EEA comprises the EU Member States, Norway, Iceland and Liechtenstein. The examples in HMRC’s manual on determining ...
HMRC’s bid to tackle offshore non-compliance has received a significant boost from the dramatic increase in the automatic exchange of information between jurisdictions (under the common reporting standard (CRS)) and the introduction of beneficial owner registers which are accessible to revenue authorit...