Treaty between Czech Republic and Austria enters into force

The new income and capital tax treaty and protocol between Czech  Republic and Austria, signed on 8 June 2006, entered into force on 22 March 2007. The treaty generally applies from 1 January 2008. From this date, the new treaty generally replaces the former Czechoslovakia-Austria income and capital tax treaty of 7 March 1978 in the relations between the Czech Republic and Austria.