Market leading insight for tax experts
View online issue

The LDF: what it is and why it's relevant

Speed read

Speed Read: HMRC has entered into a bespoke and highly original arrangement with Liechtenstein under which it hopes to flush out a huge amount of previously inaccessible assets and related tax liabilities. At the same time, those with tax to declare could benefit from significantly lower settlements with HMRC than would otherwise be the case. In the right circumstances, there is no need to have a current link with Liechtenstein as one can be validly generated now, with a view to using the disclosure facility.

If you or your firm subscribes to, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or '' for further assistance.