Entry into Force of the Tax Information Exchange Agreement between the Government of Japan and the Government of the Principality of Liechtenstein

November 30, 2012
Japanese

On November 29, the Embassy of Japan in Switzerland received the notification from the Government of the Principality of Liechtenstein, informing the completion of its internal procedures necessary for the entry into force of “the Agreement between the Government of Japan and the Government of the Principality of Liechtenstein for the Exchange of Information Relating to Tax Matters” (Tax Information Exchange Agreement between the Government of Japan and the Government of the Principality of Liechtenstein) (signed on July 5, 2012). The Government of Japan has already sent its notification for the same effect to the Government of the Principality of Liechtenstein. Accordingly, this Agreement will enter into force on December 29, 2012.
This Agreement provides for a detailed mechanism for the exchange of tax information, with a view to preventing cross-border fiscal evasion and tax avoidance. This Agreement is the fifth international agreement for the exchange of tax information that Japan concluded following the Tax Agreements with Bermuda, The Bahamas, Isle of Man, and the Cayman Islands, it will be expected to contribute to expanding the international information exchange network aiming at the prevention of cross-border fiscal evasion and tax avoidance.

(* The foregoing is a provisional translation. The date indicated above denotes the date of issue of the original press release in Japanese.)

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