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Liechtenstein Publishes Synthesized Text of Tax Treaty with Hungary as Impacted by the BEPS MLI

10 December 2021

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Treaty Development

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Liechtenstein-Hungary

Liechtenstein's Fiscal Authority has published the synthesized text of the 2015 tax treaty with Hungary as impacted by the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI). The synthesized text was prepared on the basis of the reservations and notifications submitted to the Depositary by the respective countries. The authentic legal texts of the treaty and the MLI take precedence and remain the legal texts applicable. The MLI applies for the 2015 Liechtenstein-Hungary tax treaty: with respect to taxes withheld at source on amounts paid or credited to non-residents, where the event...