Details of the first time tax treaty signed between Switzerland and Kosovo on 26 May 2017 ({News-2017-06-20/T/3-see earlier coverage}) have now become available. Salient features of the Convention include the following:
Business Profits
Except in the case of fraud or willful neglect, the contracting parties are barred from adjusting the income attributable to a permanent establishment if such adjustment occurs 5 years or more following the end of the year for which the income should have b…