The International Tax Enforcement (Disclosable Arrangements) Regulations 2020

1. Introductory Text

2. PART 1 Introductory provisions

   1. 1. Citation and commencement

   2. 2. Interpretation

3. PART 2 Reporting obligations

   1. 3. Reporting obligations: UK intermediaries

   2. 4. Reporting obligations: UK relevant taxpayers

   3. 5. Annual reporting requirement

   4. 6. Reportable information

   5. 7. Legal professional privilege

   6. 8. Arrangement reference number

   7. 9. Electronic return system

   8. 10. Evidence

   9. 11. Provision of information

   10. 12. Application of Annex IV of the DAC: hallmarks

   11. 13. Employees

4. PART 3 Penalties for breach of obligations

   1. 14. Penalties for failure to comply with Regulations

   2. 15. Determination of penalty by HMRC: initial penalty under regulation 14(1)(a)(i)

   3. 16. Determination of penalty by First-tier Tribunal: daily penalty under regulation 14(1)(a)(ii)

   4. 17. Determination of penalty by HMRC: further daily penalty under regulation 14(1)(b) and penalty in relation to annual report

   5. 18. Time limits and treatment of penalties

   6. 19. Appeals against penalty determinations by HMRC

   7. 20. Special reduction

   8. 21. Matters to be disregarded in relation to liability to penalties

5. Signature

6. Explanatory Note