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Liechtenstein Ratifies Tax Treaty with Guernsey

09 April 2015

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Treaty Development

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Liechtenstein-Guernsey

According to recent reports, the Liechtenstein Parliament ratified the pending income and capital tax treaty with Guernsey on 4 March 2015. The treaty was signed 5 June 2014 by Guernsey and 11 June 2014 by Liechtenstein. It is the first of its kind between the two jurisdictions. Taxes Covered The treaty covers Guernsey income tax, and Liechtenstein personal income tax, corporate income tax, corporation taxes, real estate capital gains tax, wealth tax, and coupon tax. Withholding Tax Rates Dividends - 0% Interest - 0% Royalties - 0% Capital gains - generally exempt except for gains from the alienation of immovable...