The new international agreement on Corporation Tax will not affect Andorra.
A new reform of the tax system, driven by the G-7 countries, is imminent. This is the result of an international agreement to maintain a worldwide minimum rate of corporation tax. In fact, countries from the G-20 and institutions such as the OECD and the European Union have been searching for this agreement for years. Although it is expected to be a reform that will be implemented by most of the states that are members of those organizations, it will not …