Federal Council adopts dispatch on double taxation agreement with Argentina

Bern, 15.10.2014 - Today, the Federal Council adopted the dispatch on the double taxation agreement (DTA) with Argentina and submitted the agreement to parliament for approval. The DTA replaces the agreement of 1997 and contains provisions on administrative assistance in accordance with the internationally applicable standard. At the same time, it will strengthen the good economic relations between Switzerland and Argentina.

The agreement, which was signed in Bern on 20 March 2014, puts an end to the agreement vacuum between Switzerland and the G20 member Argentina. On 16 January 2012, Argentina terminated the agreement of 1997, which had been provisionally applied by both countries until then. The purpose of the new agreement is the avoidance of double taxation with respect to taxes on income and on capital, particularly those on dividends, interest and royalty payments.

The new agreement is in line with the applicable international standard for the exchange of information upon request. Switzerland has signed 49 double taxation agreements that are in line with this standard; 38 of these are in force.

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