Additional agreement to double taxation agreement with Belgium entered into force
Bern, 07.08.2017 - The additional agreement amending the double taxation agreement (DTA) between Switzerland and Belgium in the area of taxes on income and on capital entered into force on 19 July 2017. It contains an administrative assistance clause in accordance with the current international standard for the exchange of information upon request. The additional agreement will strengthen the good economic relations between Switzerland and Belgium.
The additional agreement was signed by both states on 10 April 2014. The double taxation agreement with Belgium from 1978 can be adjusted to the prevailing circumstances with the additional agreement. It contains the current international standard for the exchange of information upon request. The additional agreement came into force on 19 July 2017. Its provisions will be applicable from 1 January 2018.
Moreover, the additional agreement improves matters for the taxation of dividends, interest and royalty payments. In particular, tax exemptions in the source state have been agreed for pension funds. Other improved tax arrangements have been negotiated for interest on intercompany loans and dividends paid to certain companies. These rules promote investments and economic exchange in the bilateral relations between the countries.
To date, Switzerland has signed 57 DTAs that are in line with the international standard on the exchange of information upon request, and of these, 51are in force.
Address for enquiries
Bilateral Tax Issues and Double Taxation Treaties Section, State Secretariat for International Financial Matters SIF
Tel. +41 58 462 71 29, dba@sif.admin.ch
Documents
Publisher
Federal Department of Finance
https://www.efd.admin.ch/efd/en/home.html