HMRC reviews guidance on sharing trust information with third parties

Published on: 10 August 2022

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Specialist Tax Regulatory Materials

Article summary

HMRC has reviewed its trusts guidance to cover its duty of care where the sharing of trust information with third parties (for example for anti-money laundering purposes) could expose the beneficial owner of the trust to a disproportionate risk of harm.

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

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