New Tax Law 2011 – A tax revolution – Liechtenstein

April 02, 2011 | BY

clpstaff &clp articles

By Markus H Wanger, WANGER Law & Trust

End of offshore companies – 12.5% flat tax rate

Since January 1 2011, Liechtenstein has a new, modern and highly competitive tax law after it had remained unchanged for 60 years.

Under the tax new law, the profits of all legal entities will be subject to a flat tax of 12.5%. This is one of the lowest tax rates in the world, comparable to the Irish tax rate.

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