According to a notice published by Andorra on 1 November 2023, the income and capital tax treaty with Monaco entered into force on 22 July 2023. The treaty, signed 1 December 2022, 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 of non-residents, and tax payable on capital gains in immovable property transfers. It covers Monaco profit tax on business income levied on natural persons and corporate income tax. Residence If a person other than an individual is considered resident in both Contracting States,...