Liechtenstein and Switzerland have reached a new double tax agreement which should enter into force from January 2017.
According to Switzerland’s Federal Department of Finance, the talks concluded on the 2nd of February. It is expected that the agreement will be signed this summer and will become active from the 1st of January, 2017.
The DTA is based on the Organisation for Economic Cooperation and Development’s (OECD) model agreement and will replace the old one.
The new DTA will cover maximum withholding tax rates for interest, royalties and dividends. Details will be published later.