Swiss edge closer to world taxation standards

Author (Person)
Series Title
Series Details 25.9.09
Publication Date 25/09/2009
Content Type

Switzerland has signed a protocol to its tax treaty with the United States September 2009 that incorporates the internationally agreed tax information standard.

This is the 11th agreement for the exchange of information in tax matters signed by Switzerland that meets the OECD standard. The agreement with the United States continues the trend of agreements signed by Switzerland with its major economic partners. Of its 11 agreements, 10 are with OECD member countries, including major economic partners such as France, the United Kingdom and now the United States.

The OECD has also been informed that Switzerland will shortly sign another agreement. This will mark the 12th agreement conforming to the OECD standard and will mean that Switzerland joins the category of jurisdictions that have substantially implemented the internationally agreed tax standard.

Related Links
ESO: Background information: Swiss declare war over tax evasion http://www.europeansources.info/record/swiss-declare-war-over-tax-evasion/
Swissinfo.ch: News Digest, 23.9.09: Switzerland and US sign tax deal http://www.swissinfo.ch/eng/news_digest/Switzerland_and_US_sign_tax_deal.html?siteSect=104&sid=11259774&cKey=1253781683000&ty=nd

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