The amending protocol to the 2000 income and capital tax treaty between Switzerland and Ukraine entered into force on 16 October 2020. The protocol, signed 24 January 2019, is the first to amend the treaty and includes the following changes:

• The language of the preamble is updated in line with BEPS standards;
• Article 2 (Taxes Covered) is amended with the reference to Ukraine "individual income…