Extract from the media release:

• The group’s strategy of tax compliant wealth management and responsible investment, which it has forcefully promoted since 2006, continues to pay off.

• With assets under trust of CHF 25 billion, the group  achieved an increase in consolidated turnover of 2.2% in the first half of 2010 compared to the same period last year. Group profit before tax for the period declined by 10.7% due to investment in new business initiatives.

• The transformation of the business during a period of continued uncertainty in the financial markets is a challenge. However, the outlook for the group remains positive. 

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NZZ online: “Reorganization in the tax office – The U.S. Internal Revenue Service is expanding its arsenal in the fight against tax evasion. A new Large Business & International division has been created as the result of a reorganization.”

Kaiser Ritter Partner Financial Advisors Ltd.

Wall Street Journal: “Ingeborg Schumacher, director of business development in Kaiser Ritter Partner’s responsible investing division, tells The Wall Street Journal how to benefit from new energy.”

Financial Times published an article on the Liechtenstein Disclosure Facility, including a quote of Philip Marcovici, member of the board of Kaiser Ritter Partner Holding Anstalt.

Website on the Liechtenstein Disclosure Facility

Neue Zürcher Zeitung (NZZ): “Authorities impose severe penalties and pillory tax evaders in the internet.”

Kaiser Ritter Partner Financial Advisors Ltd.

Philip Marcovici, member of the board of Kaiser Ritter Partner Holding Anstalt in an article of Financial News online: ”The Liechtenstein Disclosure Facility is the best deal available for voluntary disclosure. Liechtenstein has negotiated a number of long-term advantages for it with the UK, including the UK agreeing to take steps to implement a full tax treaty, and to recognise Liechtenstein structures, such as foundations and partnerships, making them useful for a large number of UK connected families.”

Website on the Liechtenstein Disclosure Facility

Sonntagsblick: “Liechtenstein entrepreneur Fritz Kaiser has believed for many years that only the management of taxed money has a future. In his opinion it’s a lucrative business.”

English translation available now:

Kaiser Ritter Partner Financial Advisors Ltd.

International Adviser: “UK taxpayers with undeclared offshore assets are discovering they may take advantage of the Liechtenstein Disclosure Facility without moving more than a portion into a Liechtenstein financial institution.”

Website on UK-LDF