The Tax Information Agreement between Switzerland and Brazil entered into force on 4 January 2019 and is applicable from 1 January 2020.
According to a press release issued by the Federal Department of Finance (FDF) on 14 January 2019, the Tax Information Exchange Agreement (SIA) regulates the exchange of information on request and is the tenth SIA in force in Switzerland.
The provisions of the agreement apply to requests for information for fiscal years starting from 1 January 2020.
In addition, a double taxation agreement (DTA) has been signed with Brazil, which is currently under parliamentary discussion (see our contribution of 8 September 2018).
