David Cameron will confirm today that the offence will be introduced in legislation this year.
The move is part of the government’s clamp down on corruption following the ‘Panama Papers’ scandal.
David Cameron said:
"This government has done more than any other to take action against corruption in all its forms, but we will go further.
"That is why we will legislate this year to hold companies who fail to stop their employees facilitating tax evasion criminally liable."
