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Tax Treaty between Liechtenstein and Romania Signed

|Treaty Development|Liechtenstein-Romania
Liechtenstein-Romania

The Liechtenstein government has issued a release announcing the signing of an income and capital tax treaty with Romania on 10 November 2022. According to the release, the treaty is in line with OECD BEPS standards and provides for a withholding tax exemption on dividends and a 5% withholding tax rate on interest and royalties. The treaty is the first of its kind between the two countries and will enter into force after the ratification instruments are exchanged. Additional details of the t…

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