The amending protocol to the 1975 income tax treaty between Brazil and Sweden enters into force on 13 June 2024. The protocol, signed 19 March 2019, is the first to amend the treaty and includes the following changes:
- The preamble is replaced in line with BEPS standards;
- Article 1 (Persons Covered) is replaced, including the provision that income derived by or through a person that is treated as wholly or partly fiscally transparent under the tax law of either Contracting State shall be cons…