Switzerland and Uzbekistan sign protocol to amend double taxation agreement
On 1 July 2014 in Bern, Switzerland and Uzbekistan signed a protocol amending the agreement for the avoidance of double taxation (DTA) with respect to taxes on income and capital.
This protocol brings the administrative assistance clause into line with the applicable international standard for the exchange of information upon request.
The protocol of amendment was initialled by the negotiators on 15 November 2013. It was then submitted to the cantons and the business associations concerned for consultation, and it did not encounter any opposition. It still has to be ratified by both countries before it can enter into force.
To date, Switzerland has entered into 46 double taxation agreements in line with the current international exchange of information standard, and 38 of these are in force.