Double taxation treaties (DTT)

Double taxation

Double taxation treaties (DTT) are international treaties design to avoid double taxation through a series of measures implemented by the two parties to the treaty.

Double taxation treaties are intended to promote foreign investments and favour the competitiveness of domestic companies abroad. These treaties apply to both natural persons and legal residents of any signatory country and affect taxes on income and assets. The treaties establish which of the two contracting states is entitled to receive the tax revenues.

“Double taxation treaties facilitate the promotion of foreign investments and favour the competitiveness of domestic companies abroad” 

Andorra currently has twenty-two DTAs in force.