Taxpayers shun Liechtenstein tax amnesty
- • Includes 175 taxpayers who switched from the NDO
- • A ‘disappointing’ response for HMRC
- • Law firm blames lack of awareness for poor uptake
Just 419 taxpayers have registered for the Liechtenstein Disclosure Facility (LDF) despite thousands being eligible to do so, according to commercial law firm and tax investigation specialists McGrigors.
The low response rate to the LDF follows figures published last week that only about 1,500 medical professionals had registered for a special tax amnesty out of 30,000 believed to have undisclosed tax liabilities.
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