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Making a tax-compliant point

Liechtenstein shares many similarities with Switzerland but it is constantly moving with a changing wealth world to stand its independent ground, says Dr Ariel Sergio Goekmen

26 February 2014

In today’s high-octane financial world, the Principality of Liechtenstein knows it has to be agile and move fast. It is steadily adapting its regulatory framework to ensure it stays at the top in terms of tax compliance and international competitiveness. As a result, it remains a stable and trustworthy partner for forward-thinking clients and their advisers.

Liechtenstein’s government took a widely acclaimed step last November by signing the Organisation for Economic Co-operation and Development (OECD)/Council of Europe multilateral Convention on Mutual Administrative Assistance in Tax Matters at the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes in Jakarta. This reaffirmed the clear course set by the Liechtenstein Declaration of 2009 and pursued since then.

Liechtenstein has also continued to negotiat...

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