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| Lowtax Network Sites |
| Lowtax Network Portal:
'Low-tax' business and investment in the top 50 jurisdictions covered in
exceptional detail. |
| Tax News: Global
tax news, continuously updated through the day. |
| Investors Offshore:
The independent offshore and alternative investment guide for expatriates
and the globally aware investor. Sponsored by HSBC
Bank International. |
| Law & Tax
News: Daily news and background data on tax and legal developments
for international business. |
| Offshore-e-com:
A topical guide to offshore e-commerce focused on tax and regulation. |
| Lowtax Library:
One of the web's largest and most authoritative business and investment
information sources. |
| US Tax Network:
The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax. |
| Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
artists, sportspersons and entertainers. |
| Offshore Trusts
Guide: OTG publishes news, features and newsletters on the use of
offshore trust structures. |
| TreatyPro: Online
tax treaty resource. |
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| US Extends QI Status For Liechtenstein Banks Following TIEA |
by Mike Godfrey, Tax-News.com, Washington
Monday, December 14, 2009
The Tax Information Exchange Agreement (TIEA) between Liechtenstein and the US came
into force on the December 4, 2009, following appropriate notification by the contracting
parties.
It is anticipated that the agreement will enter into effect from January 1, 2010.
As a result of the agreement, the US has extended the Qualified Intermediary (QI)
status for Liechtenstein banks by a further six years until December 2015. As
a Qualified Intermediary, financial intermediaries may continue to deal in US
securities. The extension of the QI status was part of negotiations with the
US on the TIEA that were successfully concluded
in December 2008.
“Liechtenstein as a financial center will hereby benefit from greater
long-term planning security,” explained Liechtenstein Prime Minister, Klaus Tschütscher.
“This is good for our banks and also for our banks’ customers.”
A comprehensive report in our Intelligence Report series
giving a country-by-country analysis of offshore investment funds, stock exchanges
and trusts, with an analysis of the US QI regime, is available in the Lowtax
Library at http://www.lowtaxlibrary.com/asp/subs_reports.asp
and a description of the report can be seen at
http://www.lowtaxlibrary.com/asp/description_report9.asp
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| THE LOWTAX LIBRARY
One of the web's largest and
most authoritative business and investment information sources. Alongside
topical, daily news on worldwide
tax developments, you can receive weekly newswires or
access up-to-date intelligence
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FREE TRIAL NEWS SUBSCRIPTION
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intelligence reports cover every important aspect of 'offshore' and international
tax-planning in depth, including banking secrecy, the EU's savings tax
directive, offshore funds, e-commerce, offshore gaming and transfer pricing.
Reports are available for immediate downloading or as subscription
services with news pages.
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