Liechtenstein's Fiscal Authority has published the synthesized text of the 2015 tax treaty with Hungary as impacted by the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI). The synthesized text was prepared on the basis of the reservations and notifications submitted to the Depositary by the respective countries. The authentic legal texts of the treaty and the MLI take precedence and remain the legal texts applicable.

The MLI applies for the 2015 Liechtenstein-Hungary tax treaty:

• with respect to taxes withheld at source on amounts paid or credited to non-residents, where the event giving rise to such taxes occurs on or after 1 January 2022; and
• with respect to all other taxes levied by the Contracting States, for taxes levied with respect to taxable periods beginning on or after 1 January 2022.

Notwithstanding the above, Part VI (Arbitration) of the MLI applies for cases submitted from 1 July 2021.

Click the following for Liechtenstein's tax treaties, including MLI synthesized texts.