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Tax Treaty between Hungary and Liechtenstein to Enter into Force

10 December 2015

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Treaty Development

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Hungary-Liechtenstein

According to an announcement from the Liechtenstein government, the income and capital tax treaty between Hungary and Liechtenstein will enter into force on 24 December 2015. The agreement, signed 29 June 2015, is the first of its kind between the two countries. Taxes Covered The treaty covers Hungarian personal income tax, corporate income tax, land parcel tax and building tax. It covers Liechtenstein personal income tax, corporate income tax, real estate capital gains tax, wealth tax and coupon tax. Withholding Tax Rates Dividends - 0% if the beneficial owner is a company directly holding at least 10% of the paying...