On 23 February 2015, Switzerland and Italy signed a joint roadmap with regard to various financial and tax issues. Since then, numerous technical and political discussions and negotiations have taken place.
On 23 December 2020, the two countries signed signed a new agreement on the taxation of frontier workers, which will replace the 1974 agreement currently in force. It will significantly improve the current arrangements and help maintain the good bilateral relations. Parliaments of both countries need to approve it before it can enter into force.