Liechtenstein Ratifies the MLI

The MLI modifies Liechtenstein double taxation agreements in accordance with international standards. After the approval of the Liechtenstein Parliament (Report and Motion No. 114/2019 ) the instrument of ratification was deposited with the OECD on December 19, 2019, thus completing the ratification procedure. This means that the MLI for Liechtenstein will enter into force on April 1, 2020 and take effect from 2021. Below is an overview of the MLI from a Liechtenstein perspective.