Liechtenstein Gazettes Law Amending VAT Act

The Liechtenstein Official Gazette Oct. 29 published Law No. 641.20, amending the VAT Act. The law includes measures: 1) imposing VAT on domestic purchases of services provided by nonresidents, and a purchase tax on acquisitions of emission and similar rights; 2) specifying the place of supply rules for resold travel services, and for on-site cultural, artistic, sporting, scientific, educational, entertainment, or similar services; 3) specifying when persons delivering services through an electronic platform are considered a service provider liable for VAT; 4) providing a list of VAT exempt goods and services, including specified transactions involving gold or gold alloys; and ...