Amending Protocol to Tax Treaty between Sweden and Switzerland has Entered into Force

The amending protocol to the 1965 income and capital tax treaty between Sweden and Switzerland entered into force on 6 December 2020. The protocol, signed 19 June 2019, is the third to amend the treaty and includes the following changes:

• The preamble is replaced in line with BEPS standards;
• Article 26 (Mutual Agreement Procedure) is amended to provide that a person may present a case to the competent authority of either Contracting State (currently, may only present to the competent authorit…