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Public Bill Committee: Finance Bill: Clause 46 - International agreements to improve compliance: client notification (15 Oct 2015)

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David Gauke: Clause 46 amends section 222 of the Finance Act 2013 to allow regulations to be made requiring financial institutions and tax advisers to provide their clients with information regarding the automatic exchange of information on financial accounts between tax authorities. The purpose of the power is to support the Government’s ongoing strategy for tackling offshore evasion. The UK has...

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