Liechtenstein has published in the Official Gazette the Regulation of 31 March 2020 on the waiver of default interest for the late payment of VAT. The regulation is in response to the COVID-19 pandemic provides that no default interest will be due in respect of late VAT payment during the period 20 March to 31 December 2020.
Further to the waiver of interest, the Liechtenstein tax authority is also reportedly accepting requests for VAT payment deferrals or payment in installments by taxpay…