Four further double taxation agreements with Iceland, Cyprus, Estonia and Uzbekistan in force

Bern, 11.24.2015 – Four additional double taxation agreements (DTAs) have entered into force between Switzerland and Cyprus, Iceland, Estonia and Uzbekistan. They contain provisions on mutual assistance in accordance with the internationally applicable standard. At the same time they promote the development of bilateral economic relations.

With Cyprus, Switzerland has concluded a DTA first. The new DTA was signed on 25 July 2014 and entered into force on 15 October 2015th

The DBA with Iceland replaces that which was in force since 1989th It was signed on 10 July 2014 and entered into force on 6 November 2015th

The DBA finally with Estonia and Uzbekistan, both of which date from 2002, have been updated with a change log. The Protocol amending the DTA with Estonia was signed on 25 August 2014 and entered into force on 16 October 2015th The Protocol amending the DTA with Uzbekistan was signed on 1 July 2014 and entered into force on 14 October 2015th

The four DBA apply accordingly from 1 January 2016th

Switzerland has so far 53 DBA and 10 Tax Information Exchange Agreement (TIEA) signed that meet international standard in terms of exchange of information. Of end of November 2015 46 DBA and 7 TIEA will be in force.