Council of States approves various double taxation agreements

The Council of States approved eight amended DTAs on 4 June 2020. These are primarily intended to implement OECD minimum standards. It concerns the agreements with Ireland, Korea, Ukraine, Iran, New Zealand, the Netherlands, Norway and Sweden. The minimum standards against profit shifting and profit reduction (BEPS) and arbitration procedures are supplemented. In addition, some of the agreements contain specific solutions with the respective countries.

The corresponding chronology can be retrieved for Ireland, for example.