Liechtenstein Launches Consultation on Anti-Avoidance/Abuse Measures

The Liechtenstein government has launched a public consultation on certain anti-avoidance/abuse measures to be implemented by the end of 2018 and apply from the 2019 tax year. The measures are needed in order for Liechtenstein to meet EU criteria for fair taxation and avoid being black-listed as non-cooperative. The main measures are summarized as follows:

• The exemption for dividends received from foreign legal entities will be amended so that the exemption will not apply if more than 50% of…