Travel impressions Liechtenstein

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Vaduz Castle is the palace and official residence of the Prince of Liechtenstein.

 

I wish my dog could have run here.

 

 

Liechtenstein is so tiny and unknown, that the passport contains an explanation, where it is located:

 

Personal Income Tax

  • Progressive rates: National tax ranges from 1% to 8%, plus a municipal surcharge (typically 150–180%). Effective combined rates: 2.5% to 22.4% (maximum in higher brackets).
  • Taxed on worldwide income for tax residents.
  • Wealth tax integration: A notional 4% return on net wealth is added to taxable income and taxed at the regular rates.
  • No separate capital gains tax on private securities, shares, or crypto for individuals (gains are generally exempt). Real estate gains are taxed differently.

Corporate Tax

  • Flat 12.5% corporate income tax on worldwide profits for resident companies.
  • Annual minimum tax of CHF 1,800 (creditable against actual tax).
  • Capital gains on shares are generally tax-exempt.
  • Notional interest deduction (around 4% on equity) reduces the effective rate.
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