On 21 September 2017, Brazil's Chamber of Deputies (lower house of congress) approved the ratification of the pending tax information exchange agreement with Switzerland. The agreement, signed 23 November 2015, is the first of its kind between the two countries. It will enter into force once the ratification instruments are exchanged, and will apply from that date for requests made in respect of taxable periods beginning on or after 1 January of the year following its entry into force or, whe…