Liechtenstein Gazettes Regulation Amending VAT Ordinance

The Liechtenstein Official Gazette Dec. 10 published Regulation No. 641.201, amending the VAT Ordinance. The regulation includes measures: 1) specifying the conditions under which a group can be entered into the VAT register; 2) specifying that any change in a group’s representation must be reported to the tax authorities; 3) clarifying services exempted from the scope of the tax; 4) explaining that any service provider may apply the margin tax, provided that the seller of the goods resides in Germany and isn’t registered in the VAT register; 5) explaining that taxpayers who want to switch to annual reporting must make ...