The Conference of Cantonal Finance Directors (FDK) has published its opinion on the consultation on the multilateral agreement on the implementation of tax treaty related measures to prevent the reduction and transfer of profits (BEPS Convention) and on the Protocol of Amendment to the Double Taxation Convention between Switzerland and the United Kingdom.
In accordance with the consultation opinion of 9 February 2018, the FDK agrees in principle to the two Federal Council proposals, but requests that the provisions on arbitration (Part 6 of the BEPS Convention) be waived and the federal decree in question be amended accordingly.
The consultation statement of the FDK is available here. Further information on the consultation procedure concerning the multilateral agreement on the implementation of tax treaty related measures to prevent the reduction and transfer of profits (BEPS Convention) and on the Protocol of Amendment to the Double Taxation Convention between Switzerland and the United Kingdom can be found in our contribution of 6 January 2018.
