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Tax reform – Parliament enacts new Tax Act

|Approved Changes|Liechtenstein
Liechtenstein

On 23 September 2010, the Parliament enacted the new Tax Act with a majority of 17 out of 19 possible votes. The most important changes are summarized below.

Legal entities

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-   The introduction of a proportional tax on earnings at a tax rate of 12.5%.
-   The abolition of the distribution surcharge.
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