Liechtenstein to sign OECD Tax Convention
It also promised to implement automatic exchange of information with tax authorities worldwide
14 November 2013 OECD Liechtenstein announced plans to sign the Multilateral Convention on Mutual Administrative Assistance in Tax Matters and take further steps to increase transparency and international co-operation.
Liechtenstein will sign the Convention during the 21-22 November Global Forum on Transparency and Exchange of Information for Tax Purposes in Jakarta, Indonesia. It also committed to implement automatic exchange of information with tax authorities worldwide and engage in bilateral negotiations to resolve the tax position of current clients of financial institutions based in Liechtenstein.