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) - Aurelia Frick, Liechtenstein's Minister for Foreign Affairs and Pierre Gramegna, Minister of Finance of Luxembourg, as representative of the EU Presidency and Commissioner Pierre Moscovici on behalf of the EU Commission in Strasbourg today signed an Agreement on Automatic Exchange of Financial Account Information. Liechtenstein and the EU Member States ...
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 ...
Vaduz (ots) - On 24 March 2015, the Government adopted its Government Bill on 20 years of membership of the Principality of Liechtenstein in the European Economic Area (EEA). With this Government Bill, the Government aims to provide comprehensive information to Parliament and the Liechtenstein public on the ...
Vaduz (ots) - On 1 May 2015, Liechtenstein will look back on 20 years of membership in the European Economic Area (EEA). For this occasion, the Government commissioned a representative survey among Liechtenstein voters for the first time in November 2014. The survey was prepared by the Liechtenstein Institute in cooperation with the EEA Coordination Unit, the Ministry ...
Vaduz (ots) - In its meeting of 15 May 2012, the Government passed the report and motion to the Liechtenstein Parliament for the creation of the Gesetz über die Verwalter alternativer Investmentfonds (AIFMG, Act on Alternative Investment Fund Managers) and for the amendment of other laws. The AIFMG puts Directive ...
Vaduz, Liechtenstein (ots) - Establishment of diplomatic relations and agreement on declaration and joint co-operation memorandum - Shared goal is closer relationship based upon constructive partnership as well as foreign policy co-operation - Historical Commission to examine joint history as well as the relationship between the two countries during the 20th ...
Vaduz (ots) - On 11 September, some media cited a June 2008 letter by H.S.H. the Reigning Prince of Liechtenstein declining participation in the exhibition "Looting and Restitution" at the Jewish Museum Berlin. With his private and personal letter to the Director of the Museum, W. Michael Blumenthal, Reigning Prince Hans-Adam II in no way intended to belittle the atrocious events of the Third Reich. Rather, the ...
Vaduz (ots) - The revision of the law governing Liechtenstein foundations was adopted by Parliament on 26 June 2008 and - now that the referendum period has expired without a referendum being called (31 July 2008) - will enter into force on 1 April 2009. Official publication in the national newspapers is on 26 August 2008. From that date on, the text of the ...
Liechtenstein / The Hague (ots) - Dear Sir or Madam: The Principality of Liechtenstein is bringing action against the Federal Republic of Germany by filing an application to the International Court of Justice in The Hague. This will be the first time Germany has been a sole respondent before the United ...