SCHEDULES
SCHEDULE 17Disclosure of tax avoidance schemes: VAT and other indirect taxes
PART 1Duties to disclose avoidance schemes etc
17Duty of person dealing with promoter outside United Kingdom
1
This paragraph applies where a person enters into any transaction forming part of any notifiable arrangements in relation to which—
a
a promoter is resident outside the United Kingdom, and
b
no promoter is resident in the United Kingdom.
2
The person must, within the relevant period, provide HMRC with prescribed information relating to the arrangements.
3
In sub-paragraph (2) “the relevant period” is the period of 6 days beginning with the day on which the person enters into the first transaction forming part of the arrangements.