New Liechtenstein Tax law is in force since 2011

The small principality of Liechtenstein will get a completely new tax law from January 1 st, 2011 on. After dealing with more or less the same tax provisions for the last 60 years this is something striking. The new tax law intends to be a modern tax law which should be compatible to other tax laws in Europe. It also should be based on the principle of “neutrality of decision” which means that choosing the form of an entity should not be based on tax reasons. Due to the principle that a tax should be implied only once the inheritance tax (and the like) shall be abolished completely.

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