The Swiss Federal Council and the Government of the United Arab Emirates;
desiring to conclude a Protocol to amend the Convention between the Swiss Confederation and the United Arab Emirates for the Avoidance of Double Taxation with Respect to Taxes on Income, signed at Dubai on 6 October 2011 (hereinafter “the Convention”);
Have agreed as follows:
The preamble of the Convention shall be deleted and replaced by the following:
“The Swiss Federal Council and the Government of the United Arab Emirates,
Desiring to conclude a Convention for the avoidance of double taxation with respect to taxes on income;
Desiring to further develop their economic relationship and to enhance their cooperation in tax matters;
Intending to eliminate double taxation with respect to taxes on income without creating opportunities for non-taxation or reduced taxation through tax evasion or avoidance (including through treaty-shopping arrangements aimed at obtaining reliefs...