Federal Council adopts dispatch on double taxation agreement with Saudi Arabia

Bern, 15.08.2018 - On 15 August 2018, the Federal Council adopted the dispatch on the double taxation agreement (DTA) with Saudi Arabia. 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 Saudi Arabia.

The DTA was signed on 18 February 2018 in Riyadh and was welcomed by the cantons and business associations concerned. It is the first agreement between the two countries to avoid double taxation in the area of taxes on income and capital.

The agreement contains advantageous 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.

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


The Federal Council

Federal Department of Finance