Switzerland: Federal Council approves income tax treaty with Zimbabwe
Awaits parliamentary approval
Switzerland's Federal Council in November 2025 approved an income tax treaty with Zimbabwe to prevent double taxation of income such as dividends and interest, aligning with OECD standards and Swiss practices.
According to a Federal Council release, the agreement takes account the outcomes of the OECD's base erosion and profit shifting (BEPS) project, particularly providing for anti-abuse and information exchange clauses, aiming to enhance bilateral economic relations.
The treaty awaits Swiss parliamentary approval but has been approved by Zimbabwe already.
For more information, contact a KPMG tax professional in Switzerland:
Olivier Eichenberger | oeichenberger@kpmg.com