Brazil and Switzerland sign agreement to avoid double taxation
The Convention introduces limits to the tax jurisdictions of the contracting countries, eliminating or minimizing or possibilities of double taxation and providing greater security to business in general. In line with the commitments made by the country in the framework of the G-20, the new agreement includes the minimum standards of the project on tax base erosion and profit shifting (BEPS project) of the Organization for Economic Cooperation and Development (OECD), and other relevant recommendations of the Project. A specific article to fight tax avoidance and the abuse of treaty has also been included.
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