The Swiss Council of States ratified the first amending protocol to the 2012 tax treaty with Hungary on 10 June 2025, following earlier approval by the National Council. The Swiss Council of States approved the ratification of the protocol to the

Peru ratifies the OECD BEPS Convention, effective 1 October 2025, strengthening efforts to combat tax avoidance. Peru deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent

From 2026, Switzerland will begin automatic crypto asset data exchange with 74 compliant partner countries, including the EU and UK. The Swiss Federal Council approved a list of 74 partner countries for the automatic exchange of information

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

Peru has ratified the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) through Supreme Decree No. 013-2025-RE, published in the Official Gazette on 27 May 2025. Following this

The reduced VAT rates will apply to natural and legal persons engaged in business activities across any productive sector and subject to VAT. The Peruvian Congress is reviewing Bill No. 11228/2024-CR, introduced on 19 May 2025, which proposes a