The new value added tax law in Liechtenstein

Considers the value added tax law in Liechtenstein, to take effect simultaneously with the Swiss federal VAT law on 1 January 2001. Gives a historical review, including the relationship to Switzerland, the change from sales tax to VAT in Liechtenstein, the VAT treaty and regulation with Switzerland, and the enactment of new VAT law in Liechtenstein. Compares the new law with the existing VAT law and points out the main changes made by the new law.