On 4 September 2014, the Liechtenstein parliament approved changes for corporate income tax. The changes will take effect 1 November 2014, and apply for tax year 2014.

The main corporate income tax changes include:

• The notional interest deduction will be set at 6%
• Losses of a foreign PE or foreign group by a Liechtenstein parent company will be recaptured if taken into account in a foreign c…