Switzerland approves MLI

24 March, 2019

On 22 March 2019, the Swiss Parliament approved in the final vote the ratification of the multilateral convention to implement tax treaty related measures to prevent Base Erosion and Profit Shifting (MLI). The MLI is subject to an

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Switzerland: Federal Council adopts dispatch on BEPS convention

22 August, 2018

The Federal Council adopted the dispatch on the multilateral convention to implement tax treaty related measures to prevent base erosion and profit shifting (BEPS) on 22nd August 2018. The dispatch was submitted to Parliament. Switzerland signed the

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Switzerland to exchange first country-by-country reports on multinationals

28 June, 2018

The Swiss government announced that at the end of June, the Federal Tax Administration (FTA) will for the first time send multinational groups' country-by-country reports to 35 partner states within the framework of so-called country-by-country

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Switzerland publishes guidance regarding mutual agreement procedure

25 June, 2018

The Swiss State Secretariat for International Financial Matters has released guidance for mutual agreement procedure (MAP) requests under Switzerland's tax treaties. Switzerland has concluded double taxation agreements with numerous countries.

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The Swiss Federal Council approves tax proposal 17

31 March, 2018

The Swiss Federal Council has adopted the dispatch on TP17 for the attention of the Federal Assembly on 21st March 2018. It wishes to quickly to improve matters for domestic and foreign companies with the proposal, also on the basis of international

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Switzerland: Federal Council set the parameters for the dispatch on tax proposal 17

11 February, 2018

The Swiss Federal Council announced that it has set the parameters for the dispatch on the country's tax reform proposal (tax proposal 17) on 31st January 2018. The Federal Council's parameters that will be contained in the dispatch on tax proposal

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Switzerland: Automatic Exchange of country-by-country reports enters into force

29 October, 2017

On 18th October 2017 during its meeting, the Federal Council decided to bring a law on the International Automatic Exchange of Country-by-Country Reports of Multinationals into force on 1st December 2017. Under the new law, CbC reporting obligations

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Switzerland reduces e-book VAT

25 October, 2017

As of January 1, 2018, Switzerland is to reduce the value-added tax on e-books from 8% to 2.5%. This means that the VAT rate for electronic books will be the same as in printed books. The standard VAT rate will also reduced from 8% to 7.7% on the

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Hong Kong signs AEOI agreement with Switzerland

18 October, 2017

Hong Kong has signed an agreement with Switzerland on the automatic exchange of financial account information in tax matters (AEOI), a government spokesman said on 14 July 2017. The spokesman added that they are trying to expand the Hong Kong AEOI

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Switzerland: Ordinance on exchange of CbC reports adopted

30 September, 2017

On 29 September 2017, Swiss Federal Council adopted an ordinance on the international automatic exchange of country-by-country reports on multinational firms. The exchange of country-by-country reports between Switzerland and its partner states

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DTA between Switzerland and Zambia signs

28 September, 2017

The Double Taxation Agreement (DTA) between Switzerland and Zambia was signed in Lusaka on 29 August 2017. Once in force and effective, the new treaty will replace the existing DTA of 1954. The agreement contains Dividends rate 5% for at least 10%

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DTA between Kosovo and Switzerland ratifies

25 September, 2017

The Kosovo has ratified the Double Taxation Agreement (DTA) with Switzerland for the avoidance of double taxation on 10th August 2017 and the prevention of fiscal evasion with respect to taxes on

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Switzerland: Federal Council initiates consultation on tax proposal 17

10 September, 2017

The Federal Council initiated the consultation on tax proposal 17 (TP17) on 6th September 2017. The proposal will make a significant contribution to having an appealing location and thus to added value, jobs and tax receipts. The reform will

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Protocol to treaty between Ecuador and Switzerland signed

12 August, 2017

Ecuador and Switzerland signed an amending protocol to the Ecuador - Switzerland Income and Capital Tax Treaty of 1994 on 26th July 2017. The protocol introduces a provision for exchange of information on

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Belgium, Switzerland protocol to DTA enters into force

03 August, 2017

On 19 July 2017, the amending protocol of Double Taxation Agreement (DTA) between Belgium and Switzerland was entered into force and it will apply from 1 January

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Switzerland’s Federal Council adopts dispatch on revised DTA with Latvia

25 July, 2017

The Federal Council of Switzerland adopted the dispatch on a revised double taxation agreement (DTA) with Latvia on 28th June 2017 regarding taxes on income and capital. The dispatch was submitted to Parliament for approval. Switzerland and Latvia

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Switzerland and France resolve tax information exchange cases

15 July, 2017

According to a statement by the Swiss Federal Council, Switzerland and France have resolved a number of questions concerning the exchange of tax data. The statement confirmed that the authorities had succeeded in agreeing on common solutions. The

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Switzerland signs OECD Multilateral Treaty on Double Taxation

11 June, 2017

Switzerland signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting ("Multilateral Instrument" or "MLI") on 7th June 2017 in Paris. The Convention is a key outcome of the OECD/G20 Base

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