Liechtenstein: Amendments to FATCA and CRS legislation
The tax authority of Liechtenstein issued amendments to FATCA and CRS legislation.
The tax authority of Liechtenstein issued amendments to FATCA and CRS legislation.
The tax authority of Liechtenstein on 30 December 2023 issued amendments to the FATCA and common reporting standard (CRS) legislation.
Article 21 (paragraph 1) of the FATCA legislation and Article 34 (paragraph 1) of the CRS legislation have been updated to note that fines will be imposed for any violations committed by legal entities, irrespective of their legal status.
Read a January 2024 report [PDF 464 KB] prepared by the KPMG member firm in Liechtenstein
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