Share with your friends

Liechtenstein: Tax developments in response to COVID-19

General Information

This page offers an overview of tax developments being reported globally by KPMG member firms in response to the Novel Coronavirus (COVID-19).

The content will be updated regularly. However, due to the fast-moving pace of change, it may not always reflect the most current developments in a given jurisdiction. Please refer to the date of accuracy and refer to the relevant links, under additional information, for original source information.

Date accurate as of: 2 April 2020

On 25 March 2020, the Tax Authority of Liechtenstein announced an extension of FATCA and CRS reporting deadlines to 31 July 2020 for the 2019 reporting year due to the COVID-19 outbreak. 

Additionally, Liechtenstein Financial Institutions (FIs) are required to notify individuals and legal entities that are to be reported under the FATCA or CRS regimes about the transfer of information abroad. Liechtenstein passive NFEs are required to forward this information to the persons subject to reporting. 

The deadline for this transmission of information is 31 March of the year in which data is to be exchanged for the first time.

Additional Information