On 19 April 2006, Finland and Switzerland signed a protocol to amend the income and capital tax treaty of 16 December 1991. The protocol was concluded in the Finnish, German and English languages; in the case of any divergence of interpretation, the English text prevails. The changes brought about by the protocol are summarized below.
The general maximum withholding tax rate on dividends will remain at 10% (Art. 10). The 5% privileged rate will be replaced by an exempt…