Switzerland approved the new Bulgaria - Switzerland Income and Capital Tax Treaty on 21 November 2012. Once the new treaty enters into force it will replace the 1991 Income and Capital Tax Treaty between the two countries.
The treaty will come into force after the two countries exchange ratification instruments. The provisions of the treaty will have effect from 1 January of the year following that in which the treaty enters into force.
In accordance with the new treaty, the following withholding taxes will apply:
EUCED - European Network for Economic Cooperation and Development is a European Economic Interest Grouping (EEIG), as per EU Council Regulation # 2137/85, established for European and worldwide economic and development operations. As well as, the status of an European Business Association.Read more