Reversal of Impairment Losses on Participations

The asymmetrical treatment of capital gains and losses from participations was already repealed from Liechtenstein tax law in 2018. Transitional provisions still ensure the taxation of the reversal of impairment on value-adjusted participations in the future. Now a possibility has been created for the early reversal of impairment losses on portfolio participations. This newsletter highlights in particular the reversal of impairment losses using the regular and simplified procedure.