VIENNA, Oct 19 (Reuters) - Austria will veto a tax treaty between the European Union and Liechtenstein because it does not include rules for trusts and foundations that may be used to hide investors' names, the finance ministry said on Monday. The deal with Liechtenstein is due to be discussed at a meeting of EU finance ministers on Tuesday and may be used as a model for treaties with other non-EU tax havens in Europe, a finance ministry spokesman said.
"This treaty does not fulfil the criterion of transparency that was agreed in the OECD," the spokesman said. "Anonymous investments are not covered by the planned tax agreement."
The spokesman said he expected that Luxembourg would also veto the Liechtenstein deal.
Austria, Luxembourg and Belgium are exempt from some EU rules on taxing foreigners' savings until the EU has struck bilateral agreements to exchange tax information with Switzerland, Liechtenstein, San Marino, Monaco and Andorra. (Reporting by Boris Groendahl, editing by Mike Peacock)