Canada to negotiate tax treaties with Germany and Switzerland

Canada’s Department of Finance on June 7 announced in separate releases that it will commence tax treaty negotiations with Germany and with the Swiss confederation.

The Department of Finance said both tax treaty negotiations will begin in June. Comments from interested parties are sought regarding instances of double taxation that might be resolved in a tax treaty with Germany or Switzerland or any difficulties encountered by Canadians under the either countries’ tax system.

Canada has existing tax treaties with both countries. Canada’s treaty with Germany was signed April 2001. Canada’s treaty with Switzerland was signed in May 1997 and amended by a protocol signed in October 2010.