The revised double
taxation agreements (DTAs) that Switzerland signed with Germany and
Canada have now gone into force.
Both amendments had been
signed by these countries in October.
Go deeper with GlobalData
The revised DTAs contain
an administrative assistance clause on the exchange of information
in accordance with the internationally applicable
standard.
Other
agreements
Switzerland and Canada
have also made a number of other agreements including one that
exempts dividend payments to pension funds and the central bank
from withholding tax.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe ratification process
between Switzerland and Germany includes an agreement on a
withholding tax levied at source. It also contains a number of
provisions that the Swiss Federal Department of Finance said will
be beneficial to the economies of both countries.
The amendments made to
the DTA between Switzerland and Canada will apply from 1 January
2012.
The agreement between
Switzerland and Germany regarding an international withholding of
tax levied at source is still in the ratification process. It is
expected to enter into force in 2013.
The remaining provisions
will apply from 1 January 2012.
Related Swiss tax
news
Swiss and Russia DTA to allow tax info
exchange
Switzerland must avoid second US tax deal:
SBA
Indo-Swiss agreement aims to banish bank
secrecy
