Offshore account holders offered tax deal

Author (Person) ,
Series Title
Series Details 27.3.09
Publication Date 27/03/2009
Content Type

Thousands of United Kingdom investors with up to £3bn stashed in secret Liechtenstein bank accounts will be asked to come forward voluntarily under a bi-lateral deal to be negotiated April 2009 between the two countries that could be the first of many worldwide.

Article also refers to separate initiatives by Monaco pledging to meet international standards on transparency in tax matters.

Related Links
Liechtenstein: Portal: Economy: Financial services
OECD: Topics: Tax,3699,en_2649_37427_1_1_1_1_37427,00.html
ESO: Background information: Liechtenstein eases bank secrecy rules
Reuters, 26.3.09: Liechtenstein to enter tax talks with Britain
Liechtenstein: Portal: Press Release, 26.3.09: Liechtenstein reports on progress in implementation of OECD standards
UK: HMRC: Press Release, 12.3.09: HMRC welcomes important first steps by Liechtenstein on path to tax transparency
OECD: Press Release, 26.3.09: OECD welcomes Monaco pledge on exchange of information in tax matters,3343,en_2649_33767_42437729_1_1_1_1,00.html

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