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United States - Switzerland tax treaty

A practical treaty page built around the official treaty text, key withholding categories, permanent-establishment rules, and article-level summaries.

Signed

1996-10-02

Effective

1998-01-01

Articles seeded

6

Withholding snapshot

Dividends

Individual rate: 15% · Corporate rate: 5%

The lower 5 percent corporate rate generally depends on a direct-ownership threshold under the treaty as amended. The 2009 protocol, which entered into force in 2019, includes additional anti-abuse-related conditions.

Interest

Rate: 0%

The treaty article generally results in zero source-country withholding on qualifying interest. Beneficial-ownership and treaty-qualification analysis remains essential.

Royalties

Rate: 0%

The treaty generally eliminates source-country withholding on qualifying royalties. Limitation-on-benefits analysis still applies.

Permanent establishment

Construction threshold: more than 12 months

Dependent-agent analysis remains important where a person habitually concludes contracts in the name of the enterprise under the treaty wording.

Other treaty flags

Pensions: split
Protocols: 2009-09-23
Exchange of information: Yes
Student article: Yes
Teacher article: No

Pension treatment is article-specific. The 2009 protocol added clarifications around pension-related fact patterns and mutual agreement procedure.

Seeded article summaries

Article 4

Residence

Defines treaty residence and tie-breaker rules for dual residents under the U.S.-Switzerland treaty.

Article 4 is especially important under the Switzerland treaty because Switzerland's cantonal-tax structure and the historical use of Swiss holding regimes affect residence-determination fact patterns.

Article 5

Permanent Establishment

Sets the business-presence threshold with a classic 12-month construction rule.

The Switzerland treaty uses the standard 12-month construction threshold. Agency-related PE analysis still depends on the treaty wording and on subsequent interpretive developments.

Article 7

Business Profits

Generally reserves business profits to the residence state unless a PE exists.

Article 7 is the operating rule for cross-border services and is especially relevant for Swiss-resident financial-services firms with U.S. activity.

Article 10

Dividends

Caps source-country withholding on dividends at treaty rates that vary with shareholding.

Article 10 produces the 15 percent portfolio rate and the lower 5 percent direct-investment rate. The 2009 protocol clarified mandatory-arbitration treatment of cross-border dividend disputes.

Article 11

Interest

Generally removes source-country withholding on qualifying interest.

Article 11 typically eliminates source-country withholding on qualifying interest. The 2009 protocol added enhanced information-exchange provisions that affect how the article is applied in practice.

Article 12

Royalties

Generally removes source-country withholding on qualifying royalties.

Article 12 produces a zero-percent result across the major royalty categories when treaty conditions are met. Limitation-on-benefits analysis still controls in cases involving Swiss holding structures.

Official text

Other treaties involving these jurisdictions

Computed from the cross-reference graph. Links open the related entity on this site.

Important disclaimer

This library is for general tax education only. Always verify filing obligations, due dates, and tax consequences against the cited primary source or with a qualified tax professional.