Representatives from Andorra and Slovenia convened to outline a roadmap for bilateral cooperation, which includes negotiating an income tax treaty. The announcement was made by Andorran government officials on 9 September 2024.
A tax treaty is a bilateral agreement between two countries aimed at addressing double taxation on both passive and active income earned by their respective citizens. These treaties typically establish the extent to which each country can tax a person’s income, capital, estate, or wealth. An income tax treaty is also known as a Double Tax Agreement (DTA).
If an agreement is reached, the treaty will be the first between the two countries. It must be finalised, signed, and ratified before it can take effect.
