On 24 August 2022, the Romanian government approved the signature of an income and capital tax treaty with Liechtenstein. As previously reported, negotiations were concluded in May 2021, with the treaty providing for a withholding tax exemption on dividends and a 5% withholding tax rate on interest and royalties. The treaty will be the first of its kind between the two countries and must be signed and ratified before entering into force. Additional details of the treaty will be published once…