The Policy Research Institute of Japan’s Finance Ministry confirmed on December 5, 2013 that the governments of Japan and Sweden have signed a Protocol amending the current tax treaty.
The main changes are: expansion of the scope of exemption of taxes withheld at source on investment income (dividends, interest and royalties); the introduction of provisions for preventing tax avoidance; introduction of the arbitration proceeding in the mutual agreement procedure; and expansion of the scope of assistance in the collection of taxes.
