The European Union and Switzerland on 27 May 2015 signed an agreement on the automatic exchange of financial account information, aimed at improving international tax compliance.

The agreement represents an important step in ongoing efforts to clamp down on tax fraud and tax evasion. It upgrades a 2004 agreement that ensured that Switzerland applied measures equivalent to those in an EU directive on the taxation of savings income. The EU and Switzerland must now conclude the agreement in time to enable entry into force on 1 January 2017. 

Press release


Informatiesoort: Nieuws

Rubriek: Europees belastingrecht

H&I: Previews


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