Canada and Switzerland will be amending their double taxation agreement on capital and income, according to a news release from the Swiss Confederation. The revisions, which include exempting dividend payments to pension funds, are expected to enhance bilateral cooperation between the two countries. The DTA contains guidelines on the exchange of information between Switzerland and Canada in accordance to standards set by the Organization for Economic Cooperation and Development.

    About the author

    • Ivy Mungcal

      As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.