The provisions of the TIEA/MoU concluded between the Principality of Liechtenstein and the United Kingdom of Great Britain and Northern Ireland and their effect on Liechtenstein Foundations and Trusts

摘要

This article introduces the reader to the core provisions of the Tax Information Exchange Agreement and the Memorandum of Understanding concluded by the Principality of Liechtenstein and the United Kingdom on 11 August 2009. The author then explores situations in which a move to the United Kingdom might entail tax benefits for both foreign settlors and beneficiaries of a Liechtenstein Foundation/Trust.