are aware of theclosing dates forHMRC’s offshoredisclosure facilities

Time is running outThe LiechtensteinDisclosure Facility closes

99%

think HMRC communicates its reasons, including the risks, when openingan investigation

31DEC2015

6,1505,627

Between 1 September 1999and December 2014 there were

registrations

disclosures

Isle of ManGuernsey

JerseyGibraltarAnguilla

BermudaThe British Virgin Islands

The Cayman IslandsMontserrat

The Turks and Caicos IslandsLuxembourg

SingaporeMonaco

Don’t know

Countries that have clients with trusts or assets

39%

47%

would like to see HMRC declare a generaldisclosure facility

33%of respondents havenot made their clients aware of the LDF’s beneficial terms

© Crowe Clark Whitehill LLP 2015