Switzerland and Iran sign protocol of amendment to double taxation agreement
Bern, 03.06.2019 - On 3 June 2019 in Teheran, Switzerland and Iran signed a protocol of amendment to the agreement for the avoidance of double taxation with respect to taxes on income and capital (DTA). The protocol implements the minimum standards for double taxation agreements.
Specifically, the protocol of amendment contains an abuse clause relating to the primary purpose of an arrangement or transaction. Moreover, a provision concerning the exchange of information upon request is included in the DTA.
The cantons and the business circles concerned have welcomed the conclusion of the protocol of amendment. It still has to be approved by the legislator in both countries before it can come into force.
Address for enquiries
Frank Wettstein, Co-Head of Communications, State Secretariat for International Finance SIF
Tel. +41 58 462 38 56, frank.wettstein@sif.admin.ch
Publisher
Federal Department of Finance
https://www.efd.admin.ch/efd/en/home.html