Company Formation Switzerland

CHECK COMPANY
NAME AVAILABILITY (Step 1)



Articles

Switzerland-USA Double Tax Treaty

Updated on Monday 25th April 2016

Rate this article
5 5 1
based on 0 reviews


Switzerland-USA-Double- Tax-Treaty.jpgConvention between the Unites States of America and Switzerland

 
The Swiss Confederation and the United States of America have signed a convention for the avoidance of double taxation concerning taxes on income. The treaty was signed at Washington on October 2, 1996 and became effective under Article 19 on January 1, 1998.
 
The Convention and the Protocol offer maximum taxation rates applicable for various types of income for individuals who earn profits in the two countries. It also offers protection from double taxation of income and has provisions regarding the exchange of information.
 
If you are an American investor and want to open a company in Switzerland the provisions of the double taxation treaty can concern you and your company.
 

General scope of the treaty

 
The double taxation treaty between the USA and Switzerland applies to individuals who are residents of both states and is applicable on taxes on income imposed on behalf of one of the Contracting States.
 
Under the general definitions of the treaty, a taxable person includes an individual, company, partnership, estate, trust or a body of persons. A company is a legal entity treated as a corporate taxpayer under the laws of the state in which it has its headquarters. A national is an individual that has nationality or citizenship in one of the Contracting States.
 
For information about the process of incorporating a Swiss company, you can request the services of our company registration experts in Switzerland
 

Taxes covered by the treaty

 
The Convention for the avoidance of double taxation applies to the taxes imposed by the Contracting States, as such:
- in Switzerland: the taxes covered are the federal, cantonal and communal taxes on income; they include total income, earned income, property income, business profits, etc.
- in the United States of America: the federal income taxes imposed by the Internal Revenue Code and certain excise taxes.
 
The double taxation treaty applies to any similar taxes or taxes that are imposed in place of existing taxes after the signature date of the Convention. The two countries have the obligation to inform one another of any changes in their taxation laws.
 
Switzerland has signed over 80 double tax treaties with countries around the world. For a comprehensive list of these treaties, as well as detailed information about the general effect of the treaties you can contact our company incorporation specialists in Switzerland
 
 

Comments

There are no comments

Comments & Requests


Please note that client queries should NOT be posted here but sent through our Contact page.

Meet us in Zug


Call us now at  +41 41 266 0070   to set up an appointment with our experts in Zug, Switzerland. As a Sig Fiduciaire client, you will beneficiate from the expertise of our local consultants for opening a company in Switzerland.

We offer:

- cost-efficiency: competitive company formation prices;

- prompt response to your inquiry (maxim 24 hours);

- free and complete legal information featured on our site, at your disposal.

Online Incorporation

tax-calculator-switzerland

Tax Calculator

tax-calculator-switzerland

Testimonials

Francesco-Dagnino.jpg

I worked with colleagues at CompanyFormationswitzerland.com on numerous occasions and each time they proved their dedication in helping my clients open companies in Switzerland.

Francesco Dagnino, Partner of
Lexia Avvocati
www.LawyersItaly.eu

Read more testimonials

We Recommend ClientPedia

This website is marketed by ClientPedia

Banner-Promoting ClientPedia-244px.jpg

We accept online payments

paypal-logo.png