Switzerland and Ghana sign protocol to amend double taxation agreement
Bern, 23.05.2014 - On 22 May in Accra, Switzerland and Ghana signed a protocol amending the agreement for the avoidance of double taxation (DTA) with respect to taxes on income, capital and capital gains. This protocol brings the administrative assistance clause into line with the applicable international standard for the exchange of information upon request.
The protocol of amendment was initialled by the negotiators on 15 October 2013. It was then submitted to the cantons and the business associations concerned for consultation, and it did not encounter any opposition. It will have to be approved by parliament in both countries before it can enter into force.
Switzerland has signed a total of 45 double taxation agreements in line with the international exchange of information standard, and 38 of these are in force.
Address for enquiries
Bilateral Tax Issues and Double Taxation Treaties Section
State Secretariat for International Financial Matters SIF
+41 58 462 71 29, dba@sif.admin.ch
Publisher
Federal Department of Finance
https://www.efd.admin.ch/efd/en/home.html