Switzerland and Brazil sign double taxation agreement

Bern, 04.05.2018 - On 3 May 2018 in Brasilia, Switzerland and Brazil signed a double taxation agreement (DTA) in the area of taxes on income. It will create legal certainty conducive to the further development of economic relations and tax cooperation between the two countries.

With this DTA, Switzerland can extend its network of double taxation agreements to its most important trading partner in Latin America. It is the first DTA to be concluded between the two countries. The agreement will ensure legal certainty and a contractual framework that will have a beneficial impact on the two states' economic relations.

The DTA takes account of the outcomes of the OECD's base erosion and profit shifting (BEPS) project. Specifically, it contains an anti-abuse clause. Moreover, the DTA contains an administrative assistance clause in accordance with the current international standard for the exchange of information upon request.

The cantons and the business associations concerned have welcomed the conclusion of this DTA. The agreement still has to be approved by parliament in both countries before it can come into 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, dba@sif.admin.ch


Federal Department of Finance