Peru’s tax authority (SUNAT) updated its guidance on digital services in Report No.46-2025  issued on 29 April 2025. The updated report was made publicly available on 8 May 2025. It reversed its earlier 2024 position that classified online

China's Ministry of Foreign Affairs announced that China and Peru officials convened on 12 May 2025 to discuss bilateral cooperation, including plans to negotiate and sign an income tax treaty. This treaty seeks to prevent double taxation and tax

Switzerland’s Federal Council has launched a public consultation on amendments to the Minimum Taxation Ordinance (MTO), introducing new reporting requirements for multinational companies under the OECD’s Pillar 2 rules.  The announcement was

Peru and Switzerland initialled a protocol to amend their 2012 tax treaty on 16 April 2025. The protocol, aimed at aligning the agreement with OECD BEPS standards, marks the first modification to the treaty. It will require formal signing and

The Swiss Official Gazette published Decision No. RO 2025 243 on 11 April 2025 which updates the list of countries participating in the Multilateral Competent Authority Agreement (MCAA) for the exchange of country-by-country reports (CbCR). The

The European Free Trade Association (EFTA) member states—Iceland, Liechtenstein, Norway, and Switzerland have signed a free trade agreement (FTA) with Ukraine on 8 April 2025. The agreement will contribute to Ukraine’s resilience, recovery