On March 30, 2016 the Swiss Federal Department of Finance issued a press release announcing that on that same date the agreement amending the Double Taxation Agreement (DTA) with respect to Taxes on Income and Capital between Switzerland and France entered into force. Switzerland and France signed this agreement on June 25, 2014.
According to the press release issued by the Swiss Ministry of Finance:
“The DTA is now fully in line with the current international standard on the exchange of information on request.
On 25 June 2014, Switzerland and France signed an agreement on administrative assistance in tax matters, which updated their bilateral DTA on income and capital. The agreement, which amends the additional protocol to the DTA, makes bilateral relations fully compliant with the OECD's international standard on administrative assistance. The governments of both countries have exchanged the corresponding notifications, thus allowing the DTA to come into force on 30 March 2016.
Taxpayers for whom France submits an individual administrative assistance request can now be identified by elements other than their name and address, something that was not possible previously under the bilateral DTA on income and capital. These requests may be considered for tax periods starting from 1 January 2010, the date on which the amended DTA came into force.
The agreement will also enable Switzerland to respond to group requests from France. Such requests are admitted for events that occurred on or after 1 February 2013, the date on which the Federal Act on International Administrative Assistance in Tax Matters came into force.”
Click here to be forwarded to the text of the Agreement amending the additional protocol to the double taxation agreement with respect to taxes on income and capital as available on the website of the Swiss Ministry of Finance (in the French language).
The most efficient way to find the full text of the Swiss-French DTA and Additional Protocol is to make use of our section DTAs.
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