Tax Evasion Leads to Money Laundering
Regina v K [2007] EWCA Crim 491
CA
8 March 2007
Weekly Law Notes Summary
Unpaid tax which was the product of cheating the Revenue was a pecuniary advantage and could amount to “criminal property” within the meaning of s 340 of the Proceeds of Crime Act 2002, even where the trade whose profits were liable to income tax or whose turnover was subject to VAT was a legitimate trade.