Liechtenstein Issues Consultation Report on Implementation of BEPS Measures

On 3 May 2016, the Liechtenstein government issued a consultation report on the implementation of measures based on the outcomes of the OECD BEPS Project. In particular, the report covers:

• Measures targeting hybrid-mismatches that limits the exemption for profit distributions received if deductible for the distributing company (Action 2);
• The introduction of a new IP box regime based on the modified nexus approach, with the existing regime grandfathered through 2020 (Action 5);
• The introduct…