On 23 January 2025, the Andorran General Council (parliament) approved the ratification of the pending income and capital tax treaty with Romania. The treaty, signed 27 September 2024, is the first of its kind between the two countries. Taxes Covered The treaty covers Andorran corporate income tax, personal income tax, and tax on income of non-residents. It covers Romanian income tax and profit tax. Residence If a person other than an individual is considered resident in both Contracting States, the competent authorities of the Contracting States will determine its residence for the purpose of the treaty through mutual agreement, having...