Liechtenstein Government Announces Adoption of Amendments to VAT Act

The Liechtenstein government has announced that amendments to the Value Added Tax (VAT) Act have been adopted as a result of the changes in Swiss VAT law recently brought into force ({News-2017-06-06/A/4-previous coverage}). The amendments are required in Liechtenstein because of its VAT union with Switzerland (Liechtenstein effectively adopted Swiss law for VAT purposes). As a result, Liechtenstein will implement the measures to provide equal treatment to domestic and foreign suppliers, inc…