The Liechtenstein government has announced that on 2 October 2018, it approved for ratification the pending income and capital tax treaty with Jersey. The treaty, signed 17 August 2018, is the first of its kind between the two jurisdictions and will enter into force once the ratification instruments are exchanged and will apply from 1 January of the year following its entry into force ({News-2018-09-05/T/5-previous coverage}).