swisspartners resolves US tax issue

swisspartners resolves US tax issue  Vaduz, 10 May 2014. swisspartners Investment Network AG, a subsidiary of the Liechtensteinische Landesbank AG (LLB), reaches an agreement with the US authorities and conclusively resolves the US tax issue.  On 9 May 2014, both sides signed a Non-Prosecution Agreement, which entails a payment in the amount of USD xx million to the US authorities. This amount is covered by provisions and therefore does not affect the 2014 annual financial statement. Now that the US tax issue is resolved, the LLB will resume negotiations on the sale of swisspartners Investment Network AG.  ã??  Important dates    *Tuesday, 13 May 2014, Ex-dividend date   *Friday, 16 May 2014, Dividend payout date   *Thursday, 28 August 2014, Semi-Annual Financial Statement 2014   *Tuesday, 10 March 2015, 2014 Annual Results  Brief portrait  The Liechtensteinische Landesbank AG (LLB) is the longest established financial institute in the Principality of Liechtenstein. The Principality of Liechtenstein holds the majority of the company's share capital. The LLB's shares are listed on the SIX Swiss Exchange (symbol: LLB). The LLB Group offers its clients comprehensive wealth management services, as a universal bank, in private banking, asset management and fund services. With 925 employees, the LLB is represented in Liechtenstein, Switzerland, Austria, and in the United Arab Emirates (Abu Dhabi and Dubai). As per 31 December 2013, the LLB Group managed client assets totalling CHF 49.1 billion.  MC_SPIN_10.05.2014_  Provider                  Channel         Contact Tensid Ltd., Switzerland      Provider/Channel related enquiries                                              +41 41 763 00 50  
Press spacebar to pause and continue. Press esc to stop.