Liechtenstein cuts VAT to 7.7% 2018
- Oct 5, 2017 | Richard Asquith
Liechtenstein is to reduce its VAT rate from 8% to 7.7%. The change will come into effect on 1 January 2018. The reduced VAT rate of 2.5% will be unaffected. The hotel accommodation and related services rate of 3.8% will fall to 3.7%.
The principality is in a VAT union with Switzerland, and it must mirror the decision to cut the Swiss VAT rate.