OECD Global Forum confirms Liechtenstein’s high degree of tax compliance with overall rating of “Largely Compliant”
The OECD Global Forum regularly reviews the compliance of individual countries with OECD administrative assistance standards by means of peer reviews. Today, Monday, 18 March 2019, the Global Forum in Paris published the country report on Liechtenstein, which once again attests Liechtenstein’s high degree of compliance with international tax standards. The report comes to the conclusion that both the legal framework and practice in Liechtenstein largely correspond to the international provisions on tax assistance. Overall, Liechtenstein receives the rating “Largely Compliant”. In the assessment of several individual criteria, Liechtenstein achieved a higher rating in the report than in the last peer review from 2015 and, in particular, improved the two existing areas in which it had received an unsatisfactory rating.