INTERNATIONAL TAX PLAZA - Liechtenstein and Iceland have initialled a DTA

Details: Published: 19 April 2016

On April 19, 2016 the Liechtenstein Government issued a press release announcing that on April 14, 2016 the Principality of Liechtenstein and Iceland initialled an Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income and on Capital (Hereafter: the DTA). According to the press release, the DTA is based on the international OECD-standards and takes into account the results of the OECD’s BEPS projects that were published in October 2015 and that are directed at combating tax avoidance in an international context.

According to the Liechtenstein Government the text of the DTA will be published after the DTA has been signed.

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