OrbitaxProtocol and MoU to treaty between Switzerland and UK initialled
|Treaty Development|Switzerland-United Kingdom
On 18 January 2006, a protocol modifying the tax treaty between the United Kingdom and Switzerland of 8 December 1977 was initialled. The main modifications include:
| - | reduction of withholding tax on dividend to 0% for (i) corporate shareholder owning a substantial participation in the dividend distribution company, or (ii) pension schemes; and | |
| - | extensio… |