The Liechtenstein financial centre has a strong international network and is very competitive thanks to its high regulatory standards and surpassing quality of service. The globally oriented financial centre strategy plays a crucial role in this regard. It takes into account the international standards of transparency and information exchange in tax matters, efficient global cooperation on tax fraud and tax evasion, and measures against abusive tax structures. 

Specifically, the following measures and agreements apply to the Liechtenstein banking centre:

• OECD measures to prevent base erosion and profit shifting (BEPS)
• OECD Standard for Automatic Exchange of Financial Account Information in Tax Matters (AEOI)
• Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI)
• Multilateral Competent Authority Agreement (MCAA) on AEOI
  Signing countries regarding CRS | Signing countries regarding CbC
• Convention on mutual administrative assistance in tax matters
• International cooperation on tax matters

In this context, implementation of the international automatic exchange of information in tax matters (in effect since the beginning of 2016), the conclusion of the FATCA agreement with the United States (in effect since 16 May 2014), and the agreement with the Republic of Austria on cooperation in tax matters are of particular note.

In the field of international tax law, Liechtenstein maintains bilateral tax agreements with a large number of jurisdictions to avoid double taxation in cross-border situations. The Liechtenstein Fiscal Authority maintains a list of all these Double Taxation Agreements (DTAs).

Liechtenstein has a nationally and internationally attractive tax system that complies with the requirements of European law and takes sufficient account of international developments. In October 2018, the EU Economic and Financial Affairs Council (ECOFIN) certified that Liechtenstein legislation is fully compliant with ECOFIN requirements governing implementation of the BEPS minimum standards. Liechtenstein thus also implements the international requirements governing aggressive tax structures.

Links

Government

Liechtenstein Tax Act (SteG)

Administrative Assistance in Tax Matters (SteAHG)

Law on Value added Tax (VAT)

Liechtenstein Fiscal Authority

International tax law

Organisations

OECD

News about DTA

2021.05.03_DTA agreement with Netherlands

2022.11.18_DTA agreement with Romania

2023.07.12_DTA agreement with Italy

2024.02.21_DTA agreement with Irland