On 4 June 2014, Switzerland's National Council adopted the law ratifying the new tax treaty with Australia. Once in force and effect, the treaty will replace the 1980 treaty, which currently applies.
Taxes Covered
The treaty covers Australian income tax, fringe benefits tax and resource rent taxes. It covers Swiss federal, cantonal and communal taxes on income, including total income, earned income, income from capital, industrial and commercial profits, capital gains, and other items of…