The income and capital tax treaty between the Netherlands and Andorra came into force starting 31 December 2024.
The treaty covers Andorran corporate income tax, personal income tax, non-resident income tax, and capital gains tax on property transfers. It includes Netherlands income tax, wages tax, company tax, dividend tax, and withholding tax.
The withholding tax rates are as follows: dividends are taxed at 0%, interest is taxed at 0%, and royalties are taxed at 5%.
Signed on 12 October 2023, this agreement is the first tax treaty between the two nations.
