BORA Taxation (Neutralising Base Erosions and Profit Shifting) Bill [pdf, 205 KB]
...liable if it does not. 18. The section heading at s 143 refers to absolute liability, but because subsection (2) provides what is essentially a defence, we therefore consider this to be a strict liability offence. In doing so, we note the Court of Appeal has confirmed that it is “a universal principle that if a penal provision is reasonably capable of two interpretations, that interpretation which is most favourable to the accused must be adopted”.4 19. Strict liability offences...