Expense-Based Taxation Regime for Individuals

Your business and your investments are global – and so are you. Individuals are taxed on their worldwide income in almost every country. For wealthy internationals it can be quite burdensome and difficult to gather all the information needed for their domestic tax assessment. Liechtenstein lump sum tax (also called expense-based tax) offers an easy and attractive solution for individuals considering to relocate to Liechtenstein. Income tax is imposed on the annual total of expenses and no ordinary assessment is necessary. Many tax jurisdictions (e.g. some Swiss cantons and the UK) have abolished lump sum tax or increased the tax base lately due to a change in public opinion. Considering these global developments, Liechtenstein becomes an even more attractive tax jurisdiction for wealthy individuals.

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