Federal Council adopts dispatch on double taxation agreement with Brazil

Bern, 05.09.2018 - On 5 September 2018, the Federal Council adopted the dispatch on the double taxation agreement (DTA) in the area of taxes on income with Brazil. This is the first DTA between Switzerland and Brazil. The agreement was signed in Brasilia on 3 May 2018 and will enter into force after it will be approved by parliament in both countries.

The agreement contains favourable regulations on the international taxation of company profits and other income. It also implements several provisions from the OECD and G20 project to combat base erosion and profit shifting (BEPS project). Furthermore, the DTA contains an administrative assistance clause in accordance with the current international standard for the exchange of information upon request.

The cantons and business associations concerned welcomed the DTA. The agreement guarantees legal certainty and a contractual framework that has a positive impact on the further development of economic relations between the two countries.

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