News & Insights

Washington D.C. – The National Foreign Trade Council (NFTC) today released results from its annual Tax Treaty Survey. The survey, which was answered by tax professionals from NFTC member companies, asked businesses to rate their tax treaty priorities around the world.

“As global tax rules evolve and more countries implement new tax regimes, companies need certainty and streamlined taxation now more than ever,” said Anne Gordon, NFTC Vice President for International Tax Policy. “Tax treaties are not only essential for business planning, but they reinforce America’s position as a leader in international tax cooperation and economic competitiveness. Expanding and modernizing the U.S. tax treaty network will provide a foundation for long-term investment and cross-border growth.”

Highlights of this year’s survey include:

• Switzerland was the country most frequently identified as the top priority for respondents.
• For Switzerland, reducing withholding rates on dividends was the most important tax treaty negotiation item, followed by Limitation on Benefits (LoB) and Mutual Agreement Processes (MAP).
• Taiwan was identified second most frequently as a top priority, followed by a group comprising Brazil, Israel, Italy, Saudi Arabia and Singapore.
• Brazil retained its place atop the list of highest overall priority, receiving the most total mentions.
• For Brazil, Transfer Pricing remained the greatest concern for respondents.
• Singapore and India rounded out the top three highest overall priority countries. Switzerland, Israel and Saudi Arabia were also mentioned as high overall priority countries.
• In total, respondents requested treaties with 29 countries.

Read the full results of the 2025 Tax Treaty Survey here.

An infographic of the most requested countries can be found here.

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About the NFTC
The National Foreign Trade Council (NFTC) is the premier business association advancing trade and tax policies that support access to the global marketplace. Founded in 1914, NFTC promotes an open, rules-based global economy on behalf of a diverse membership of U.S.-based businesses.