Switzerland double taxation agreement
8 May 2007
The Minister of Finance Trevor A Manuel together with Doris Leuthard, the
Federal Councillor and Head of Federal Department of Economics in Switzerland,
will be signing a double taxation agreement in Pretoria on Tuesday, 8 May
2007.
Venue: 40 Church Square, 2nd floor
Date: 8 May 2007
Time: 11h30
A double taxation agreement seeks to facilitate investment flows between
countries by providing certainty with regard to the tax treatment of income
generated by such investments. Double taxation agreements therefore aim to
eliminate the double taxation of income or prevent the non-taxation of income
arising in one state that accrues to residents of another state.
This South Africa â Switzerland double taxation agreement is an update of a
previous agreement, signed in 1968, to take account of changes in the tax codes
of both countries.
Enquiries:
Lindani Mbunyuza
Cell: 083 327 9987
Issued by: National Treasury
8 May 2007
