THE FINANCIAL CRIME OF TAX EVASION: A NEW PERSPECTIVE ON AN OLD PROBLEM

COURTROOM, Jenny Lind Building, Farrier St, Worcester WR1 3BB

A close up picture of the crest in the University of Worcester law Court

This Event is part of the Law Research Seminar Series

Globally, combating tax evasion has become an increased priority for national governments. This development may be attributed to a renewed focus on recouping lost revenue following the financial crisis, as well as successive data leaks from offshore banks and service providers, which exhibited the nature and extent of offshore tax evasion activities. In consequence, all developed states have committed to implementing a system for the automatic exchange of information in tax matters and tax evasion has been included as a predicate offence for the purposes of the international anti-money laundering framework.

The current situation contrasts starkly with the recent past, where assistance in tax matters was regularly excluded from the international cooperation framework. This presentation argues that global perspectives on tax evasion have altered. Once seen as a purely sovereign concern, tax evasion is now viewed as a serious financial crime worthy of international cooperation.

This presentation questions whether the recent measures stemming from this conceptualisation are a welcome addition to the international cooperation framework, or a disproportionate response to the problem of tax evasion.

 

The speaker: Sam Bourton is a Lecturer in Law at the University of the West of England, Bristol. She teaches on the LLB and LLM programmes, with modules including Foundations for Law, the Law of Financial Crime and Regulation, and International Financial Crime. Sam is also a PhD candidate, whose thesis aims to provide a comparative analysis of tax evasion law and enforcement in the United Kingdom and United States of America. Her research primarily focuses on the law of financial crime, particularly the law pertaining to tax evasion and money laundering.