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 ratification before taking effect.
Earlier, Peru and Switzerland officials held talks from 3–6 June 2024 to amend their 2012 tax treaty in line with OECD BEPS standards.