On 22 April 2025, the Liechtenstein tax authorities extended the deadline to submit the first Liechtenstein QDMTT/IIR return from 31 December 2025 to 30 June 2026 and extended the deadline to register in Liechtenstein from 30 June 2025 to 31 December 2025.
The tax authorities published a GloBE registration form on 9 January 2025 that multinational enterprise groups (MNE groups) falling within the scope of the Pillar Two rules must use to register their constituent entities (CEs) within six months after the end of the fiscal year in which the group became subject to Pillar Two, with penalties applying for noncompliance (for prior coverage, see the article in the April 2025 issue of Corporate Tax News).
The first GloBE information return is due within 18 months after the financial year end, i.e., by 30 June 2026 and now with the extension, the deadline to submit the first Liechtenstein QDMTT/IIR return is the same date. It should be noted, however, that information related to Pillar Two may need to be taken into account for the financial statements for 2024.
MNE groups falling within the scope of the Pillar Two rules by the end of fiscal year 2024 must register in Liechtenstein by 31 December 2025 using the GloBE registration form. They must identify the CEs in the country and provide their names, addresses and characteristics (i.e., ultimate parent entity, partially owned parent entity, etc.). The group must also specify the CE in Liechtenstein that will submit the QMDTT and IIR tax return and which group entity will submit the GloBE information return.
Patrick Müller
BDO in Switzerland
Anja Wieland
Bernd Lochner
BDO in Liechtenstein
The tax authorities published a GloBE registration form on 9 January 2025 that multinational enterprise groups (MNE groups) falling within the scope of the Pillar Two rules must use to register their constituent entities (CEs) within six months after the end of the fiscal year in which the group became subject to Pillar Two, with penalties applying for noncompliance (for prior coverage, see the article in the April 2025 issue of Corporate Tax News).
The first GloBE information return is due within 18 months after the financial year end, i.e., by 30 June 2026 and now with the extension, the deadline to submit the first Liechtenstein QDMTT/IIR return is the same date. It should be noted, however, that information related to Pillar Two may need to be taken into account for the financial statements for 2024.
MNE groups falling within the scope of the Pillar Two rules by the end of fiscal year 2024 must register in Liechtenstein by 31 December 2025 using the GloBE registration form. They must identify the CEs in the country and provide their names, addresses and characteristics (i.e., ultimate parent entity, partially owned parent entity, etc.). The group must also specify the CE in Liechtenstein that will submit the QMDTT and IIR tax return and which group entity will submit the GloBE information return.
Patrick Müller
BDO in Switzerland
Anja Wieland
Bernd Lochner
BDO in Liechtenstein