Switzerland and the Netherlands have a signed a protocol of amendment to the agreement for the avoidance of double taxation with respect to taxes on income (DTA), Switzerland’s Federal Council has stated.
The protocol implements the minimum standards for double taxation agreements. It also clarifies some concepts and also adapts the DTA to the current treaty policy of the two states.
In particular, the protocol of amendment contains an abuse clause which refers to the main purpose of an arrangement or transaction and thus ensures that the DTA is not abused.
The DTA also clarified the concept of a pension sch...