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

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.