Liechtenstein and Ireland have initialed a Double Taxation Agreement (DTA) based on OECD standards to prevent tax avoidance.

On 14 August 2014 HM Revenue & Customs (‘HMRC’) announced a number of changes to the terms of the LDF affecting the ability of certain taxpayers who are not already registered to benefit fully from the advantageous terms.

When the Principality of Liechtenstein transposed the OECD/G20 "Pillar Two" framework into domestic law in late 2023, thereby introducing both an Income-Inclusion-Rule (IIR) top-up tax...

The Liechtenstein Disclosure Facility is a disclosure facility targeted at those individuals currently holding a bank account or asset in Liechtenstein.

Liechtenstein has come to an agreement with the European Union on the EU Savings Tax and will therefore retain the same withholding tax as Switzerland.

In the ever-evolving landscape of global business, the Principality of Liechtenstein has emerged as a beacon of innovation, particularly in the realm of legal structures.

A discussion on Liechtenstein's responsibilities to address both the tax claims of other jurisdictions and the trust of its clients.

On 7 February 2012, Liechtenstein and the UK initialled a Double Taxation Agreement (DTA) in Vaduz and also extended operation of the sole disclosure programme currently in place, the Liechtenstein Disclosure Facility (LDF), by a further year up to 2016.

The trust in Liechtenstein law may be set up for an indefinite period. It can be used in the same way as a foundation, but permits more flexible arrangements as its purpose is not limited in any way, as is the case under foundation law (there may be certain restrictions as to the purpose trust).

For founders, family offices, internationally mobile entrepreneurs, private investors and corporate groups that need a durable legal architecture for wealth, succession, control and continuity, the Liechtenstein private foundation remains one of the most sophisticated instruments in European private client and corporate structuring

The agreement and the implementation guidelines will define them thoroughly. The definition should be identical to that one in Switzerland as Liechtenstein will not be in a position to introduce an own definition on the grounds of electronic data processing performed by banks.

In Liechtenstein, natural persons are subjected to wealth and income taxes. Both state and municipal taxes are imposed, with the state tax rate escalating progressively within an eight-tier...