The new income and capital tax treaty between Iceland and Switzerland entered into force on 6 November 2015. The treaty, signed 10 July 2014, replaces the 1988 income and capital tax treaty between the two countries.
Taxes Covered
The treaty covers Icelandic income taxes to the state and to the municipalities. It covers Swiss federal, cantonal and communal taxes on income and capital.
Withholding Tax Rates
- Dividends - 0% if the beneficial owner is a company directly holding at least 10%…