All natural and legal persons (including foundations and establishments) as well as all bodies of persons that are taxable in the United Kingdom of Great Britain and Northern Ireland (the UK) can benefit from the LDF.
The decisive criterion is that such persons or bodies of persons – irrespective of their domicile – have assets in Liechtenstein or have assets that are founded, registered, administered or managed in Liechtenstein.
The UK taxpayer must have a meaningful business relationship with a Liechtenstein financial intermediary and must be willing to declare all worldwide assets to the UK tax authority.
For UK taxpayers of a Liechtenstein financial intermediary who had relevant assets in Liechtenstein as of 1 September 2009, the LDF entered into force on 1 September 2009.
In the case of business relationships newly established after that date, UK taxpayers can benefit from the disclosure facility as of 1 December 2009.
Disclaimer
The above information is being published by the Liechtensteinische Landesbank AG with the greatest possible care, but exclusively for information purposes and without any claim to providing (financial, legal, tax or other) advice.
In the assessment of the Liechtensteinische Landesbank AG, the aforementioned information originates from reliable sources. However, the Liechtensteinische Landesbank AG assumes no liability for the correctness, completeness or currentness of the information contained in this publication. Its content may change at any time, and the Liechtensteinische Landesbank AG is under no obligation to update any published information.
Please also note the supplemental legal terms and conditions.
