Protocol to Tax Treaty between Portugal and Sweden Signed

Sweden's Ministry of Finance has announced the signing of an amending protocol to the 2002 income tax treaty with Portugal on 16 May 2019. Changes made by the protocol include:

• The update of the preamble in line with BEPS Standards;
• The amendment of Article 2 (Taxes Covered) with respect to Portuguese taxes, which includes individual income tax, corporate income tax, the additional tax on corporate income;
• The amendment of Article 3 (General Definitions) with respect to the competent author…