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Agreement in principle on Protocol amending Tax Convention between Japan and the Swiss Confederation

February 8, 2021

The Government of Japan and the Swiss Federal Council have agreed in principle on the Protocol amending part of the Tax Convention between Japan and the Swiss Confederation (Convention between Japan and Switzerland for the Avoidance of Double Taxation with respect to Taxes on Income) which entered into force in 1971 and was partly amended in 2011.

  1. The Protocol will reinforce or introduce provisions for the purpose of clarifying the scope of taxation in the two countries, eliminating international double taxation and preventing tax evasion and avoidance, and is expected to promote further mutual investments and economic exchanges between the two countries.
  2. The Protocol will be signed after the final text has been fixed and the necessary internal procedures have been completed by each of the two Governments. Thereafter, the Protocol will enter into force after the completion of the domestic process in the both countries (in the case of Japan, approval by the Diet).

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