How is cryptocurrency taxed in Liechtenstein?

Inquiring minds may wonder, how is cryptocurrency taxed in the small yet forward-thinking nation of Liechtenstein? The taxation of cryptocurrency in this Alpine country seems to strike a balance between promoting innovation in the digital asset space and ensuring fiscal responsibility. Virtual currency exchange services, for instance, are not subject to value-added tax, while profits earned by cryptocurrency companies are taxed at a rate of 15%. Micro-companies with fewer than 10 employees and annual revenue below 300,000 euros may enjoy even lower tax rates ranging from 0 to 5%. Furthermore, income derived from virtual currency transactions is taxed depending on the nature of the transaction. Capital gains tax, income tax, and in some cases, transaction taxes, may apply to different scenarios involving the buying, selling, mining, or earning of cryptocurrencies. Clearly, Liechtenstein's taxation framework for cryptocurrency aims to foster a conducive environment for digital currency businesses, while ensuring fiscal transparency and compliance.