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Liechtenstein Approves Tax Treaty with the Czech Republic

26 August 2015

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Treaty Development

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Liechtenstein-Czech Rep

The government of Liechtenstein recently announced that is has approved for ratification the pending income and capital tax treaty with the Czech Republic. The treaty, signed 25 September 2014, is the first of its kind between the two countries. Taxes Covered The treaty covers Czech income tax on individuals and legal persons, and the tax on Immovable property. It covers Liechtenstein personal and corporate income taxes, real estate capital gains tax, wealth tax and coupon tax. Service PE The treaty includes the provision that a permanent establishment will be deemed constituted when an enterprise of one Contracting State furnishes services...