The protocol to the 2002 income and capital tax treaty between Latvia and Switzerland entered into force on 3 September 2018. The protocol, signed 2 November 2016, is the first to amend the treaty and includes several BEPS-related provisions, as well as new withholding tax exemptions for dividends, interest, and royalties, and new exchange of information provisions. The main amendments made by the protocol include:
- The title and preamble of the treaty are replaced to introduce language devel…