Blog

22
dec

The revised DTA between Switzerland and Germany has entered into force

The agreement’s provisions on the exchange of information will apply from 1 January 2011, and the remaining provisions will apply from 1 January 2012

The revised agreement contains an administrative assistance clause on the exchange of information in accordance with the internationally applicable standard. In addition, the new DTA contains various provisions that are beneficial to the economies of Switzerland and Germany.

For example, the stake required for the zero rate of tax on dividends will be reduced and an arbitration clause introduced.

The agreement already signed by Switzerland and Germany on an international withholding tax levied at source is still in the process of being ratified. It should be submitted to parliament for approval in both countries in 2012 and enter into force in 2013.
source: admin.ch