Hungary: Entry into force of amending protocol to Switzerland income tax treaty
Entry into force on November 16, 2025
The amending protocol to the 2012 income and capital tax treaty between Hungary and Switzerland (signed on July 12, 2024) entered into force on November 16, 2025.
Key changes include updating the preamble to align with OECD BEPS standards and amending Article 25 to incorporate new arbitration provisions.
The protocol generally applies from January 1, 2026, for withholding and other taxes, with specific amendments effective immediately from November 16, 2025, irrespective of the tax period.
For more information, contact a KPMG tax professional in Hungary:
Beáta Nieder | beata.nieder@kpmg.hu