Business terms and jargon explained. Your business dictionary

What is Compounded Settlement

Tax Definition:-

An offer by HM Customs and Excise not to pursue criminal action in return for a penalty payment made by the person charged with an offence.

Crown Copyright. Material taken from HM Revenue & Customs. Reproduced under the terms and conditions of the Click-Use Licence.

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Term created / updated 2006-11-24 15:47:44

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