On 19 June 2015, the Swiss parliament announced that it has approved for ratification the pending income and capital tax treaty with Iceland. Once in force and effective, the treaty will replace the 1988 tax treaty between the two countries, which is currently in force.
Taxes Covered
The treaty covers the Icelandic income taxes to the state and to the municipalities, and Swiss federal, cantonal and communal taxes on income and capital.
Withholding Tax Rates
- Dividends - 0% if the beneficia…