ikr: negotiations on double taxation agreements with Monaco

Vaduz (ots / IR) – The government has decided in your meeting of 30 June 2015 to open negotiations on a double taxation agreement with the Principality of Monaco. As a basis for understanding the OECD Model Convention serves. The agreement should also include a clause on exchange of information in accordance with the international standard. It is planned to conclude negotiations in the first half 2016.

Liechtenstein and Monaco maintain for some time close relations that have been highlighted in 2009 by an agreement on the exchange of tax information (TIEA) on. At the conclusion of the TIEA both sides already expressed the intention DBA – open negotiations.

The common double taxation agreement between Liechtenstein and Monaco aims to increase legal certainty for investors and to strengthen the close cooperation. This is part of the intensive work on the part of the government to expand the Liechtenstein network of double taxation treaties within and outside Europe.