On 21 September 2012, Switzerland and Peru signed an income and capital tax treaty and protocol, in Lima. The maximum rates of withholding tax are: -   15% on dividends in general; 0% if the beneficial owner is a company that holds directly at least 10% of the capital in the company paying the dividends; -   15% on interest payments in general; 10% on interest paid to banks and on credit-buying of equipment; -   15% on royalty payments in general; and -   10% on payments for technical support and numeric services. The treaty contains an exchange of...