Switzerland and Argentina have signed a new double taxation agreement (DTA). When it enters into force this agreement will replace the provisional agreement signed in 1997. The agreement contains provisions relating to the exchange of information upon request, in line with the current international standard. These will regulate the exchange of tax information between the two countries until a new international standard is introduced. At that time there will be further negotiation on revising the information exchange provisions. The DTA also contains maximum withholding tax rates on dividends, interest payments, and royalties.
The revised agreement will enter into force after it receives parliamentary approval in both states. Switzerland has so far concluded 43 DTAs that conform to international standards on the exchange of information and 36 of these are already in force.
