The Irish lower house of Parliament approved the income tax treaty with Liechtenstein on 15 July 2026, advancing the agreement towards entry into force following the exchange of the instruments of ratification. The treaty provides for the elimination of double taxation, incorporates the OECD/G20 BEPS project standards, and removes withholding tax on most dividends, interest and royalties to support cross-border investment. 

RF Report

The Irish lower house of Parliament approved the income tax treaty with Liechtenstein on 15 July 2026.

Signed on 30 October 2024, the agreement regulates the elimination of double taxation in cross-border situations. It is based on the international OECD standard and takes into account the requirements of the OECD/G20 BEPS project (Base Erosion and Profit Shifting) to prevent tax evasion and tax avoidance in a cross-border context.

The agreement also regulates the avoidance of double taxation in income and wealth taxes. To promote cross-border investments, no withholding tax is levied on dividends, interest and royalties.

The income tax treaty will enter into force following the exchange of ratification instruments and will apply from 1 January of the following year.

Earlier, Liechtenstein’s parliament gave its approval to the ratification of the tax treaty with Ireland concerning income and capital on 9 May 2025.