Vaduz (ots) - In its meeting on 18 March 2025, the Government approved the consultation report on amendment of the Law on the Minimum Taxation of Large Enterprise Groups (GloBE Act). The minimum taxation developed by the OECD/G20 Inclusive Framework on BEPS stipulates that multinational enterprise groups with revenue of more than 750 million euros are subject to an ...
Vaduz (ots) - At its meeting on 9 July 2024, the Government adopted its report and motion on amendment of the Law on the International Automatic Exchange of Information in Tax Matters (AEOI Act), the Law on Implementation of the FATCA Agreement between the Principality of Liechtenstein and the United States of America (FATCA Act), the Law on the Agreement between ...
Vaduz (ots) - In a virtual signing ceremony on 12 July 2023, Prime Minister and Minister of Finance Daniel Risch and Italian Minister of Finance and Economic Affairs Giancarlo Giorgetti signed the double taxation agreement (DTA) between Liechtenstein and Italy. The DTA will enter into force once the domestic legislative process is complete. This successful signing of the DTA - which had already been initialled in 2019 - ...
Vaduz (ots) - With its decision of 2 October 2018 the EU Economic and Financial Affairs Council (ECOFIN) removed Liechtenstein from the so-called "Grey List". The EU thereby confirms that Liechtenstein complies with the EU criteria of tax transparency, fair business taxation and the implementation of the BEPS minimum standards. On 5 December 2017 the ECOFIN listed several countries and territories on the EU-list of ...
Zurich / Singapore (ots) - The leading international banking group, with more than a 150-year history in some of the world's most dynamic markets, will implement BearingPoint's tax reporting solution FiTAX to support its client tax reporting to more than 50 tax authorities around the world. Management and technology ...
Vaduz (ots) - In its meeting of 7 June 2018, the Liechtenstein Parliament adopted amendments to the Tax Act. The amendments were based on the review of the Liechtenstein Tax Act by the EU Code of Conduct Group regarding tax transparency, fair business taxation, and the implementation of the minimum standards to prevent BEPS. Concerning Liechtenstein, the EU working group identified room for improvement in a few areas of ...
Vaduz (ots) - From 11 - 15 June 2018 Liechtenstein hosted members of the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum) for working meetings. The Global Forum is an international body with currently 150 members, including all OECD and G20 states. All the members of the Forum have undertaken to adhere to as well as to implement the global standards on transparency and exchange ...
Zurich/Amsterdam (ots) - BearingPoint's market-leading tax reporting solution EasyTax has been chosen by Ansbacher (Bahamas) Limited to enhance services for its clients Ansbacher (Bahamas) Limited, a leading private wealth manager located in the Bahamas that serves high-net-worth individuals as well as corporations and institutions, has chosen BearingPoint's EasyTax to ...
Vaduz (ots) - From 30 October until 1 November 2017 talks were held in Beijing on a bilateral Double Taxation Agreement (DTA) between Liechtenstein and China. The delegations explained their respective domestic tax provisions and exchanged positions on the DTA article by article. It was agreed that both sides would update each other about relevant developments in the ...
Vaduz (ots) - Italy has placed Liechtenstein on its domestic white list. The ministerial decree to this effect was adopted on 9 August 2016 and published on 22 August 2016. Pursuant to that decision, Italy deems Liechtenstein a cooperative state for tax purposes on the basis of the agreement with the EU on automatic exchange of information and exchange of information ...
Vaduz (ots) - The OECD and the G20 countries aim to take action against tax avoidance in multinational enterprises. They have developed measures against artificial profit shifting and tax base erosion (Base Erosion and Profit Shifting - BEPS). The goal of the BEPS Project is to support countries in protecting their tax base and at the same time to ensure that legal ...
Vaduz (ots) - On 27 January 2016, Liechtenstein signed a multilateral agreement on the automatic exchange of country-by-country reports. The agreement was developed within the framework of the Base Erosion and Profit Shifting (BEPS) Project by the G20 states and the OECD in the area of corporate taxation and is considered a new minimum standard. By signing the ...
Vaduz (ots) - Liechtenstein fulfils the international standards of the OECD on exchange of information for tax purposes. The report of the Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum) finds that the legal framework and practical implementation in Liechtenstein largely ...
Vaduz (ots) - The Liechtenstein Government and the British Tax Authority Her Majesty'sRevenue and Customs (HMRC) have published another Joint Declaration to the Memorandum of Understanding of 2009 and the Liechtenstein Disclosure Facility (LDF). The Fifth Joint Declaration recognises the continuing success of the ...
Vaduz (ots) - Liechtenstein decisively rejects the reproach that it is failing to cooperate with the EU in tax matters, and refers to the already-existing close cooperation with the EU in tax matters as well as its commitment to applicable international standards. In view of the already well-advanced status of the negotiations and discussions with the EU concerning ...
- Note: The Document "Aggregated Revenues of PricewaterhouseCoopers Firms by Service Line and -by Geography" can be downloaded free of charge under: http://www.presseportal.ch/de/pm/100008191 - Growth continues in all major regions and territories -Tax business up 15.1 % - Advisory ...