At its meeting on 22 August 2018, the Federal Council adopted the dispatch on the multilateral agreement on the implementation of measures to prevent base erosion and profit shifting (BEPS).
Switzerland signed the BEPS Agreement on 7 June 2017 (see our contribution of 7 June 2017) and the majority of the consultation (see our contribution of 6 January 2018) was positive.
For the time being, the BEPS Convention is intended to adapt the double taxation agreements with Argentina, Chile, Iceland, Italy, Lithuania, Luxembourg, Mexico, Austria, Portugal, South Africa, the Czech Republic and Turkey. Other DTA revisions have already been completed or are in progress.
The press release and other documents are available here.
