CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Switzerland, Belize Sign TIEA

Switzerland, Belize Sign TIEA

by Ulrika Lomas,, Brussels

12 August 2015

Switzerland and Belize signed a tax information exchange agreement (TIEA) on August 10, 2015.

The agreement is Switzerland's ninth TIEA. It provides for the exchange of information upon request. It covers Swiss federal, cantonal, and communal taxes on income and capital, and the cantonal and communal inheritance and gift taxes. In the case of Belize, it covers the income tax, business tax, and general sales tax.

The agreement must now be approved by the Swiss parliament and may be subjected to a referendum before it can enter into force. The cantons and business associations have already expressed their support for the deal.

In April 2012, the Swiss Federal Council decided to adopt the international standard for administrative assistance in its TIEAs and double tax agreements. Switzerland's TIEAs with Jersey, Guernsey, and the Isle of Man have been applicable since January 1, 2015. Its agreements with Andorra, Greenland, San Marino, and the Seychelles entered into force in July and will be applicable from January 1, 2016.

TAGS: inheritance tax | Isle of Man | compliance | tax | business | tax information exchange agreement (TIEA) | sales tax | tax compliance | corporation tax | Belize | Guernsey | Jersey | agreements | gift tax | Switzerland | revenue statistics | individual income tax | Andorra | Greenland | San Marino | Seychelles

To see today's news, click here.


Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »

Stay Updated

Please enter your email address to join the mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.

To manage your mailing list preferences, please click here »