The Swiss Upper House of Parliament (the Swiss Council of States) approved the ratification of the income tax treaties with Angola and Jordan on 9 December 2024.
Earlier, the Swiss Federal Council announced the dispatch of the approval of a double taxation agreement (DTA) with Angola on 14 June 2024. The agreement, signed on 30 November 2023, will create legal certainty for the further development of bilateral economic relations and tax cooperation between the two countries. It will take effect after the exchange of ratification instruments and will typically apply starting January 1 of the year following its entry into force.
The tax treaty with Jordan, signed on 13 December 2023, marks the first agreement of its kind between the two nations. It will come into effect upon the exchange of ratification instruments and will be applicable starting 1 January of the year after its entry into force.
