On 13 June 2022, the Swiss Council of States (upper house of parliament) approved the ratification of the pending protocol to the 1971 income tax treaty with Japan. The protocol, signed 16 July 2021, is the second to amend the treaty and includes changes to bring the treaty in line with OECD BEPS standards, among others. It will enter into force 30 days after the ratification instruments are ex…