Liechtenstein Seeks Swiss-Style Tax Pact With Germany, Zeit Says

Liechtenstein Prime Minister Klaus Tschuetscher said the principality will seek a withholding tax on undeclared German assets in its banks along the lines of a recently signed German-Swiss tax agreement, Die Zeit reported.

Liechtenstein’s government is in talks with Germany’s Finance Ministry about an agreement and Tschuetscher said he prefers new rules to take effect next year at the same time as the Swiss accord, he told the newspaper in an interview. There should be no regulatory gaps between Switzerland and Liechtenstein with respect to Germany, he said.