On June 12, 2019, Switzerland and the Netherlands signed a protocol of amendment to the agreement for the avoidance of double taxation in the area of taxes on income (DTA).
The Protocol of Amendment implements the minimum standards for double taxation agreements, clarifies certain terms and adapts the DTA to the current treaty policy of the two states.
The amendment log shall contain in particular
- an abuse clause;
- Clarification of the concept of a pension fund.
Before the amending protocol can enter into force, it must be approved by the parliaments of both countries.
The corresponding media release and the amendment protocol are available here.
