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Peru and Switzerland to begin negotiating new protocol on double-tax treaty

28 May 2024

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Tax Alerts, Legislation & Policy, Na...

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Peru, Switzerland

According to Ministerial Resolution No. 176-2024-EF/43, published in the Official Gazette of Peru on 24 May 2024, Peru and Switzerland will soon carry out the first round of negotiations for a protocol on a double-tax treaty (DTT).Specifically, the Ministerial Resolution authorizes representatives of the Ministry of Economy and Finance to travel to Switzerland to negotiate an amending protocol to update the Peru-Switzerland DTT.The first round of negotiations is scheduled to take place in Bern, Switzerland from 3 to 6 June 2024 and aims to adapt the Peru-Switzerland DTT to the latest international standards, following the recommendations of the Organisation for...