Switzerland-Iceland: Signed Double Taxation Agreement

The Swiss Council of States approved the ratification of the amending protocol to the 1999 income and capital tax treaty with Croatia on 9 March 2026. Signed on 18 July 2025, the protocol makes updates to the OECD Model Double Taxation Agreement

The Swiss Council of States approved ratification of the protocol to the 1978 income and capital tax treaty with Belgium on 9 March 2026. Signed on 16 July 2025, the protocol introduces minimum standards for the treaty, including an anti-abuse

The Italian tax authorities have issued Ruling Answer No. 70/2026, which addresses a specific tax query regarding whether a Swiss cantonal tax—the "Capital Tax"—can be deducted from the Italian taxes due under the Controlled Foreign Company

The Icelandic Court of Appeals (Landsréttur) upheld the ruling of the District Court of Reykjavík in Iceland’s first transfer pricing case (No. 213/2025) on 19 February 2026.  The court confirmed that taxpayers must prove that related-party

Bosnia and Herzegovina’s Ministry of Foreign Affairs announced that officials from Bosnia and Herzegovina and Iceland held talks on 18 February 2026 to review bilateral relations. The meeting marked the start of preparations for negotiating an

Switzerland has updated its list of participating jurisdictions under the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (CRS MCAA). The update was formalised in Decision No. RO 2026 57, gazetted