Switzerland and Sweden have agreed on procedures for resolving tax disputes through arbitration if unresolved after four years. The Swiss Federal Tax Administration (FTA) announced on 22 May 2025 that it had signed a mutual agreement with Sweden

The amended Switzerland-UAE income tax treaty took effect on 5 May 2025, following the signing of the amending protocol to the treaty on 5 November 2022.  According to an announcement in the Swiss Official Gazette dated 19 May 2025, the second

 Italy approved a draft law on 19 May 2025 to ratify amendments to agreements from 2024, modified by the 1978 and 2015 protocols.  Italy’s  Council of Ministers has approved a draft law on 19 May 2025, which ratifies the amending protocol

Norway’s Ministry of Finance opened a public consultation on a proposed list of jurisdictions deemed non-cooperative for tax purposes on 14 May 2025. The establishment of this list is part of the Ministry's work to implement EEA Joint Committee

The Montenegro government published a proposal for negotiating an income and capital tax treaty with Iceland on 15 May 2025. The agreement aims to avoid double taxation and prevent fiscal evasion concerning income taxes between Iceland and

Norway’s government presented its Revised National Budget for 2025 with a primary focus on safeguarding the economy on 15 May 2025. The revised budget introduces modest tax measures, including a reduction in electricity tax, a tax deferral