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Indirect Taxes in Liechtenstein
1. The value added tax
This type of tax concerns a consumption tax on goods and services. The value added tax was introduced on 1 January 1995 based on the treaty between Liechtenstein and Switzerland and replaced the goods revenue tax (WuSt) which had been charged until then.
Excepted from the value added tax obligation are among others:
» Holding and offshore companies according to Art. 83 and 84 of the fiscal law and
trust relationships according to Art. 897ff. PGR, except from their revenues which are liable to tax
in the value added tax domestic country;
» Companies with annual revenue up to CHF 250,000 if the tax which remains after deduction of the input tax as a rule does not amount to anymore than CHF 4,000 per annum.
Three different tax rates apply to the taxation of deliveries and services.
The general value added tax rate on goods deliveries and services is 7.6%. The reduced rate is 2.4% and applies to foods, medication, newspapers and books. A special rate of 3.6%. applies to accommodation services.
2. Stamp duties
2.1 Swiss stamp duty
The Swiss stamp duties concern taxes on legal transactions with certain documents. A distinction is made here between three duties, notably the issue duty, the revenue duty as well as the duty on insurance premiums.
2.2 Foundation or valuation stamp duty
3. The motor vehicle tax
The motor vehicle tax is to be paid on motor vehicles which are used for transport on public roads. The motor vehicle control in Liechtenstein charges this tax annually to the registered vehicle owners. Cars, delivery vans, small buses, lorries, company cars and similar vehicles are taxes according to the weight, with motor cycles the tax is assessed according to the cubic capacity.
4. Customs duties
The customs regulations which apply in Liechtenstein are based on the customs agreement which was concluded with the Swiss Confederation in 1923, which came into force on 1 January 1924.
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