Double Tax Agreement Established Between Switzerland & Pakistan

Switzerland and Pakistan signed a double taxation agreement on the 29th of November 2018, and will be entered into force and applicable starting in January 1st 2019. The DTA contains standard provisions on the exchange of account information. It also included an anti-abuse provision which is require as per the 111minimum standard of the OECD’s Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting.