"New tax law alone does not make location better"

Three and a half years after the introduction of the new tax law, its effectiveness and the attractiveness of Liechtenstein as a business location were discussed at an IFA Liechtenstein symposium. Thomas Hosp emphasized the necessity of adapting the law, but criticized the lack of legal certainty. Rainer Marxer confirmed additional income through non-punishable voluntary declarations. Hereditary Prince Alois called for a stronger presence for Liechtenstein in an international context.

In addition to tax issues, challenges such as the shortage of skilled workers, lack of space and restrictive business laws were also discussed. Patrick Kranz called for relaxation and emphasized the importance of a double taxation agreement with Switzerland. Deputy Prime Minister Thomas Zwiefelhofer emphasized concrete measures instead of permanent strategies and the need for political and economic cooperation. Marco Felder emphasized the importance of small measures for the attractiveness of the location, while various panel participants suggested solutions for resource problems and more efficient economic promotion.

Topics in the publication

• Evaluation of the new tax law
• Location attractiveness
• Legal certainty
• Self-disclosure and state revenue
• International context and double taxation agreements
• Skills shortage and housing
• Business development and bureaucracy
• Resource and infrastructure problems
• Concrete measures and strategies
• Cooperation between politics and business
• Trade law
• Smaller measures