In the future Liechtenstein will assist law enforcement in tax offenses. The government wants to extend its Mutual Legal Assistance Act to cover tax crimes and adapt it to international standards.
Until now Liechtenstein could not grant mutual assistence concerning criminal tax offenses other than in very limited exceptions and only a few countries with whom Liechtenstein cooperated. When it comes to tax fraud the country provides no assistance to law enforcement. This restrictive law will now be amended, the government announced. It has approved a corresponding application to the Landtag, the legislative branch of the government of Liechtenstein.
The revisions to the Mutual Legal Assistance Act correspond to developments in international standards. They also help implement the governments financial centre and tax cooperation strategy and the Financial Task Form (FATF), the government explained. As before, one of the prerequisites is that it only applies to cases that are punishable in both countries.