Liechtenstein Ratifies Tax Treaty with Guernsey

According to recent reports, the Liechtenstein Parliament ratified the pending income and capital tax treaty with Guernsey on 4 March 2015. The treaty was signed 5 June 2014 by Guernsey and 11 June 2014 by Liechtenstein. It is the first of its kind between the two jurisdictions.

Taxes Covered

The treaty covers Guernsey income tax, and Liechtenstein personal income tax, corporate income tax, corporation taxes, real estate capital gains tax, wealth tax, and coupon tax.

Withholding Tax Rate…