Swiss, UK Tax Treaty to Include BEPS Minimum Standards

Swiss, UK Tax Treaty to Include BEPS Minimum Standards

The Swiss Federal Council on August 22 adopted the dispatch concerning a protocol of amendment to the Swiss-UK tax treaty for the attention of Parliament.

The tax treaty will be adapted to the minimum standards of the BEPS project with the Protocol of Amendment. In particular, the Protocol of Amendment includes a general agreement abuse clause in the tax treaty.

The Protocol of Amendment was signed on November 30, 2017.