Glossar

Natural persons have to pay wealth tax and personal income tax on their entire wealth and their entire personal income, if their residence or habitual abode is in Liechtenstein (unrestricted tax liability). Natural persons not residing in Liechtenstein have to pay wealth tax and personal income tax on their domestic wealth in Liechtenstein and their domestic personal income generated in Liechtenstein (restricted tax liability). In the case of unrestricted tax liability, the object of the wealth tax is the entire movable and immovable wealth of the taxpayer, after deduction of debts. The object of the personal income tax is all income in money and money's worth. Investment income is not part of the personal income, because investments are liable to the wealth tax.

The winter season lasts from November to April

Persons who receive income from employed work in Liechtenstein or payments as members of the board of directors and who live abroad have to pay a withholding tax, which is deducted at source. In the case of income from employed work, the tax rate varies with the height of the income, and in the case of payments to members of the board of directors, the tax rate is 12%. Double taxation agreements can contain different provisions for withholding taxes.

The term wood-burning heating encompasses heating systems which use wood logs, wood pellets, wood briquets or chipped wood as fuel.

The work price refers to the pure production costs of a good. Other costs such as value added tax or delivery costs are not included.

Year when a person, who has lived abroad for more than 1 year, came to Liechtenstein for permanent residency and has lived in Liechtenstein ever since up to the reference date of the census.

Young-age dependency ratio is defined as the ratio between the number of persons aged 0 to 19 over the number of persons aged 20 to 64, expressed as percentage.

As youth hostel counts the youth hostel Schaan-Vaduz.