Switzerland and Poland have concluded negotiations on the revision of their double taxation agreement and initialled the new document. The sections on international administrative assistance were negotiated in accordance with the parameters decided by the Swiss Federal Council.
On 13 March 2009 the Federal Council decided to adopt the OECD standard on administrative assistance in tax matters under Article 26 of the OECD Model Convention. The decision will permit an exchange of information on tax matters in individual cases where a specific and justified request has been made.
Following the Federal Council decision in March, Poland is the ninth country with which Switzerland has initialled a DTA containing the extended administrative assistance clause after Denmark, Luxembourg, Norway, France, Mexico, the USA, Japan and the Netherlands. The cantons and business associations will now have the opportunity to submit their views. The Federal Council will then decide on the authorisation for signing after which the agreement will be published.
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