Switzerland and Ecuador sign protocol of amendment to double taxation agreement
Bern, 27.07.2017 - On 26 July 2017 in Quito, Switzerland and Ecuador signed a protocol of amendment to the double taxation agreement (DTA) in the area of taxes on income and capital. As a result, the double taxation agreement complies with the current international standard on the exchange of information upon request.
The protocol of amendment to the DTA with Ecuador introduces a provision on the exchange of information upon request according to the internationally applicable standard.
The cantons and the business associations concerned have welcomed the conclusion of the protocol of amendment. In order to enter into force, it has to be approved by Parliament in Switzerland and the necessary approval procedure has to be carried out in Ecuador. The protocol makes provision for the exchange of information upon request to start for tax years from 1 January of the calendar year following the date of entry into force.
To date, Switzerland has signed 57 DTAs that are in line with the international standard on the exchange of information; 50 of these are in force.
Address for enquiries
Bilateral Tax Issues and Double Taxation Treaties Section, State Secretariat for International Financial Matters SIF
Tel. +41 58 462 71 29, firstname.lastname@example.org
Federal Department of Finance