The Liechtenstein government is currently in the process of consulting on the introduction of Country-by-Country (CbC) reporting requirements. The main aspects of the requirements, which are largely in line with BEPS Action 13 guidance, include:
- Liechtenstein MNE Groups meeting a CHF 900 million consolidated revenue threshold in the previous year will be required to submit a CbC report;
- Subject to certain conditions, Secondary filing is provided for where a local constituent entity may be re…