The pending income and capital tax treaty between Andorra and Montenegro was signed on 24 September 2024. The treaty is the first of its kind between the two countries. Taxes Covered The treaty covers Andorran corporate income tax, personal income tax, and tax on income of non-residents. It covers Montenegrin personal income tax, corporate profit tax, and real estate tax. Residence If a person other than an individual is considered resident in both Contracting States, the competent authorities of the Contracting States will determine its residence for the purpose of the treaty through mutual agreement, having regard to its place...