HMRC is seeking views on new rules that will require the disclosure to HMRC of certain cross-border arrangements that could be used to avoid or evade tax. The International Tax Enforcement (Disclosable Arrangements) Regulations 2019 will implement European Directive 2018/822, which requires the mandatory automatic exchange of information in the field of taxation in relation to reportable cross-border arrangements from 1 July 2020.

Comments on the consultation are required by 23.45 on 11 October 2019.

The consultation document can be viewed here.