The Rubik Agreement concluded between Austria and
Switzerland was repealed and the scope of the Rubik Agreement
concluded between Austria and Liechtenstein was restricted with
effect as of 1 January 2017.
Both the Treaty between the Republic of Austria and the Swiss
Confederation on Cooperation in the Areas of Taxation and Capital
Markets ("Swiss Rubik Agreement" ) and
the Treaty between the Republic of Austria and the Principality of
Liechtenstein on Cooperation in the Area of Taxation
("Liechtenstein Rubik Agreement" )
provided that a Swiss/Liechtenstein paying agent had to withhold
tax on, inter alia, interest income, dividends and capital gains
from assets booked with an account or deposit of such
Swiss/Liechtenstein paying agent, if the relevant holder of the
assets (i.e. in general individuals on their own behalf or as
beneficial owners of assets held by a domiciliary company
[Sitzgesellschaft ]) was tax resident in Austria. The same
applied to income from
