During its meeting of March 26, 2024, the government of Liechtenstein adopted a regulation on the minimum taxation of large groups of companies (The GloBE Regulation). The regulation serves to implement the global minimum taxation in accordance with the decision of the OECD/G20 Inclusive Framework on BEPS (Base Erosion and Profit Shifting).

The GloBE Regulation regulates the meaning of the GloBE Commentary and the Administrative Guidelines for the interpretation of the GloBE model Regulations, the simplified determination of supplementary taxes, the recognition of foreign supplementary taxes, the tax return for the collection of the Liechtenstein supplementary tax and the IIR supplementary tax (Income Inclusion Rule) and the GloBE supplementary tax return.

According to the Liechtenstein Government, the recognition of foreign supplementary taxes is intended to ensure that Liechtenstein's implementation is positively assessed in the context of the OECD's peer review process regarding the implementation of minimum taxation.

The GloBE Regulation enters into force on the day of publication in the Landesgesetzblatt.



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