New Swiss tax assistance law in effect
The Swiss Federal Council has announced that the new Tax Administrative Assistance Act (TAAA) will come into force on 1 February 2013. When the TAAA comes into effect the existing ordinance covering double taxation agreements will be repealed. The
See MoreSwitzerland’s Federal Council adopted five double tax agreements
On November 21, 2012, Switzerland's Federal Council adopted five double tax agreements, with Slovenia, Turkmenistan, the Czech Republic, Bulgaria and Peru, and forwarded them to parliament for its
See MoreSwitzerland: Protocol With Portugal Forwards To Parliament For Approval
The Swiss government endorsed a Protocol to the nation's double taxation agreement (DTA) with Portugal on November 7, 2012, and forwarded the agreement to the nation's parliament for its
See MoreBulgaria approves draft DTA initialled with Switzerland
On July 25, 2012, the government of Bulgaria approved the draft double taxation agreement (DTA) initialled between Bulgaria and Switzerland on November 28,
See MoreSwitzerland and Portugal Sign DTA Protocol
It was reported on 27 June 2012 that Switzerland and Portugal have recently signed in Lisbon a protocol to amend the bilateral double taxation agreement (DTA) between the two countries in the area of taxes on income and capital. According to the
See MoreRevised DTA between Germany and Switzerland entered into force
The revised double taxation agreement (DTA) between Switzerland and Germany has now entered into force following a recent exchange of the instruments of ratification. The revision of the existing DTA between the two countries was signed on October
See MoreDTA with Taiwan has been recognized by Switzerland
Switzerland’s Federal Council has recently recognized the double taxation agreement (DTA) of October 8, 2007 with Chinese Taipei (Taiwan). The federal act on the recognition of private agreements for the avoidance of double taxation of June 17,
See MoreSwitzerland adopts four DTAs
On 29 November 2011 it has been published that Switzerland’s Federal Council has adopted the dispatches on four further double taxation agreements (DTAs), which will now be submitted to parliament for approval. The negotiated economic benefits of
See MoreTax deal signed between Switzerland and UK
A landmark tax agreement concerning the taxation of UK investors’ income in Switzerland has been signed in London recently. The British Bank clients’ future investment income and capital gains in Switzerland will be subject to a final
See MoreTax and Financial Agreements between Russia and Switzerland
A memorandum on bilateral cooperation between the two countries, Russia and Switzerland, has been signed on financial matters. It was reported on the occasion of the annual International Monetary Fund meeting held in Washington, on 28 September
See MoreAn attempt of rapprochement on tax between Italy and Switzerland
To unblock the stalled negotiations for a double taxation agreement (DTA) between Italy and Switzerland, an attempt has been made, during a meeting organised by the Italian Senate’s Foreign Affairs Committee. In fact, there has been a
See MoreSwitzerland Adjusts Tax Thresholds
Switzerland’s Federal Department of Finance (FDF) has adjusted the Confederation’s direct federal tax rates and deductions for the 2012 tax year. As regards tax deductions, the administration states that for the 2012 tax year, double income
See MoreSwitzerland Amends Bond Withholding Tax
On 29 August 2011 it was reported that changes in withholding tax should allow Swiss companies to issue their bonds under competitive conditions in Switzerland, according to the Swiss federal government, which said that the changes would also apply
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