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Update - Tax Treaty between Liechtenstein and Monaco

11 July 2017

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Treaty Development

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Liechtenstein-Monaco

The income and capital tax treaty between Liechtenstein and Monaco was signed on 28 June 2017. The treaty is the first of its kind between the two countries. Taxes Covered The treaty covers Liechtenstein personal income tax, corporate income tax, real estate capital gains tax, and wealth tax. It covers Monaco profit tax on commercial income levied from individual persons and profit tax levied from companies. Withholding Tax Rates Dividends - 0% Interest - 0% Royalties - 0% Capital Gains The following capital gains derived by a resident of one Contracting State may be taxed by the other State: Gains...