At its meeting on 13 December 2019, the Federal Council opened the consultation process on the Federal Act on the Implementation of International Agreements in the Tax Field (new StADG). The consultation period will last until 27 March 2020.
The total revision of the Federal Act on the Implementation of Federal Interstate Agreements on the Avoidance of Double Taxation is intended to ensure that agreements in the tax area can continue to be applied in a legally secure and simple manner in the future.
The revision of the law determines how mutual agreement procedures are to be carried out at national level. The procedure largely follows current practice and will only be applied if the Agreement does not contain derogating provisions. In addition, the revision contains the essential points on the relief from withholding tax on the basis of international agreements as well as penal provisions in connection with the relief from withholding tax on capital gains.
The media release and further documents are available here.
