Category: Andorra

Andorra to Introduce Income Tax for the First Time

The tiny landlocked nation Andorra is poised to introduce a personal income tax for the first time, effectively putting an end to its status as a tax haven as it comes under increasing pressure from its European neighbours to clampdown on tax evasion.  

In a meeting with French President Francoise Hollande, head of the Andorran government Antoni Marti said he will introduce a bill before 30 June to establish some form of personal income tax.