News Overview

This CONFIDA Info provides an overview of the proposed amendments to the Tax Act (SteG), in particular, the introduction of specific anti-avoidance rules in connection with the tax exemption of dividends and capital gains from participations, the notional interest deduction, and the elimination of the asymmetric treatment of capital gains and losses from participations. The details of the bill are discussed in the Government's Report and Proposal (BuA) No. 35/2018.

The OECD has developed a new approach to Transfer Pricing Documentation under the BEPS project. The statutory general requirement to document transfer prices was already introduced in Liechtenstein on 1 January 2017. The Tax Ordinance now regulates how transfer prices are to be determined and how their documentation must be prepared. The Tax Ordinance entered into force on 1 January 2018.