June 2018 / Switzerland

On 7 June 2018, the Secretariat for International Financial Matters (SIF) of the Swiss Federal Department of Finance published a factsheet on the application of the mutual agreement procedure under tax treaties, setting out, inter alia, content requirements of a mutual agreement procedure request. In addition, the SIF made available two separate forms for filing mutual agreement procedure requests regarding transfer pricing matters and non-transfer pricing matters which can be found here.

On 7 June 2018, the Council of States (the upper house of the parliament) approved the dispatch on tax proposal 17 (TP17). It is expected that the parliament will consider and adopt TP17 in the autumn session.If a referendum is not called. ​he first measures may come into force at the beginning of 2019, with the remainder coming into force from 2020.