Global

Details

  • Service: Tax, Global Indirect Tax, Global Compliance Management Services
  • Type: Regulatory update
  • Date: 7/22/2013

Switzerland - Free trade agreement with China 

July 22:  Representatives of Switzerland and China on 6 July 2013 signed a free trade agreement that is intended to reduce customs duty rates on trade between the two nations.

The free trade agreement with China follows an income tax treaty between Switzerland and Hong Kong that entered into force at the beginning of 2013.


While Hong Kong is not a party to the free trade agreement, Hong Kong companies that are investing and engaged in the manufacture of goods in China may be beneficiaries of the free trade agreement.


Read a July 2013 report [PDF 399 KB] prepared by the KPMG member firm in China: Is the China – Switzerland Free Trade Agreement for you?




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For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at:

+ 1 202 533 4366

1801 K Street NW
Washington, DC 20006.

 

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