On June 13, 2019, Switzerland and Ireland signed a protocol of amendment to the agreement on the avoidance of double taxation with respect to taxes on income and capital (DTA).
The Protocol of Amendment implements the minimum standards for double taxation agreements.
The change log contains
- an abuse clause;
- an arbitration clause providing greater legal certainty for taxable persons.
Before the amending protocol can enter into force, it must be approved by the parliaments of both countries.
The media release and the corresponding amendment protocol are available here.
