On January 8, the SIF published the Memorandum of Understanding dated December 5, 2024 regarding the eligibility of certain US and Swiss pension funds to claim treaty benefits pursuant to Art. 10 para. 3 DTA CH-USA.
This updates the memorandum of understanding dated April 16 / May 6, 2021 and contains clarifications on the relief procedure applicable to group trusts under US law.
The Memorandum of Understanding is available here .
