This content is from: Liechtenstein

Does LDF extension show weakness of HMRC‘s information gathering powers?

HM Revenue & Customs’ (HMRC) decision to extend the Liechtenstein Disclosure Facility (LDF) by a year is a sign that it has been successful. However rumours of a conversation between Dave Hartnett and tax justice campaigner Richard Murphy, denied by HMRC, suggest the UK tax authorities’ other strategies might not working.

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