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Tax Deal with Liechtenstein: Austria Expects Substantial Tax Intake
Politics ♦
Published: January 24, 2013; 22:23 ♦ (Vindobona)
Austria and its small neighbor country Liechtenstein will sign a tax deal. The treaty between Switzerland and Austria is a role model.
Tax Deal with Liechtenstein: Austria Expects Substantial Tax Intake / Picture: © Vindobona.org
Next week, Austria´s Minister of Finance Maria Fekter will sign the bilateral tax treaty, which contains a revised version of the current double tax treaty. The tax treaty will impose a lump-sum tax on the Austrian trusts in Liechtenstein. The tax rate is expected to range from 15% to 38%. The same range was stipulated with Switzerland.
Fekter expects an additional tax intake of…
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