Alec Sarner

All League Offensive Lineman – Center

Double Taxation Avoidance Agreement Switzerland

3. Enterprises of a Contracting State the capital of which is whote or in part or under the direct or indirect control of one or more residents of the other Contracting State may not be subject in the first-mentioned Contracting State to any taxation or requirement which is different or more onerous than the taxation and related requirements to which other similar enterprises of that first-mentioned State are subject in the the same circumstances and under the same conditions. 1. The competent authorities of the Contracting States shall exchange information (i.e. information at their disposal under their respective tax laws) necessary for the application of the provisions of this Convention relating to the fees which are the subject of this Convention. All information thus exchanged shall be treated in secret and shall not be transmitted to persons other than those responsible for the setting and collection of the taxes covered by this Agreement. No information may be exchanged that would disclose trade, commercial, industrial or professional secrets or business processes. 3. The competent authorities of the Contracting States shall endeavour to establish by common accord any difficulty or doubt arising from the interpretation or application of the Convention. They may also consult each other on the elimination of double taxation in cases not provided for in the Convention.

Protocol amending the Protocol amending the Protocol signed in Washington on 23 September 2009 and the 23rd Agreement between the United States of America and the Swiss Confederation on the Prevention of Double Taxation on Profits, signed in Washington on 16 September 2009, corrected by an exchange of notes held in Washington on 16 November 2010 and a related agreement concluded on 23 September by exchange of notes, PDF – 2009 This agreement does not affect the tax privileges of diplomatic consuls or ari officials, in accordance with the general rules of international law or the provisions of special agreements. 30.07.2019 A new double taxation agreement between Switzerland and Zambia will enter into force The protocol has become necessary to appease the European Commission, which considered that the agreement could be contrary to the Europe Agreement. Threatened by a possible challenge before the Court of Justice of the European Communities, Britain and Switzerland have agreed that account holders who have already paid the 35% withholding tax due under the EU Savings Tax Directive will be subject to a final withholding tax of 13% to honour the tax debt on interest payments. 3. For the purpose of determining the profits of a permanent establishment, deductions shall be allowed for expenses incurred for the purposes of the permanent establishment, whether in the State in which the permanent establishment is situated or elsewhere. . . .

September 18, 2021 - Posted by | Uncategorized