Executive summaryRepresentatives of the Principality of Liechtenstein (Liechtenstein) and the Netherlands signed a comprehensive double tax treaty (the treaty) on 3 June 2020. The newly signed treaty has been published but is still pending ratification by the parliaments of both countries before it enters into force. The treaty is an important milestone for Liechtenstein as a financial center and the latest addition to its growing network of double tax treaties.It is important to note that Liechtenstein is not part of the European Union. Accordingly, EU regulations, such as the Anti-Tax Avoidance Directives (ATAD I and II) are generally not applicable in Liechtenstein...