The Andorran government has announced that the income and capital tax treaty with San Marino entered into force on 31 December 2021. The treaty, signed 25 May 2021, is the first of its kind between the two countries. Taxes Covered The treaty covers Andorran corporate income tax, personal income tax, tax on income for fiscal non-residents, and tax payable on the increase in value in immovable property transfers. It covers San Marino general income tax on individuals and on bodies corporate and proprietorships. Residence If a person other than an individual is considered resident in both Contracting States, the competent...