Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

In the case of Switzerland, neither side has identified the need to renegotiate the double taxation agreement. The existing treaty with Switzerland is one of Ireland's oldest but the protocol to it, signed in 2012, implemented key provisions in respect of OECD standards. Furthermore, it made important amendments to reflect changes in our respective laws. Given the fact that the treaty was recently updated via a protocol, it was judged that the most expedient way to do the work again was via a further protocol, as opposed to a new double taxation agreement. That is not the case with the Netherlands and it was decided that the best course of action with the Netherlands was a new agreement.