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Switzerland: Protocol to tax treaty with United States ratified

Switzerland: Protocol to tax treaty with United States

The Swiss government issued a release announcing that on 20 September 2019, representatives of Switzerland and the United States exchanged the instruments of ratification of the Protocol to amend the existing Switzerland-United States income tax treaty.


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According to the Swiss government release, the Protocol entered into force on 20 September 2019.

The Protocol [PDF 1.05 MB] to amend the income tax treaty between Switzerland and the United States was signed in September 2009. The Protocol provides for:

  • Exemption from source-country withholding tax cross-border dividends beneficially owned by certain pension funds or other retirement arrangements (or individual retirement savings plans) that are approved by the competent authorities of both countries 
  • Broad exchange of information between competent authorities for tax purposes
  • Mandatory binding arbitration of unresolved competent authority cases

Read a release from the U.S. Treasury Department about the entry into force of the Protocol.

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