Liechtenstein, Italy Sign DTA

July 17, 2023, 5:00 AM UTC

The Liechtenstein Ministry for General Government Affairs and Finance July 12 announced the same date signing of a DTA with Italy. The agreement: 1) implements the minimum standards and recommendations of the OECD base erosion profit shifting (BEPS) project; 2) includes a zero percent withholding tax rate on group dividends; and 3) includes an arbitration clause and an additional protocol on arbitration. [Liechtenstein, Ministry for General Government Affairs and Finance, 07/12/23]

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