The EU and Liechtenstein sign new tax transparency agreement
The EU and Liechtenstein signed a new tax transparency agreement under which Liechtenstein and EU Member States will automatically exchange information on the financial accounts of each other’s residents from 2017.
Under the new agreement, Member States will receive the names, addresses, tax identification numbers and dates of birth of their residents with accounts in Liechtenstein, as well as other financial and account balance information. This is in line with the new OECD/G20 global standard for the automatic exchange of information according to the Commission.