Swiss Ambassador Hits Back At FT Report
The Swiss Ambassador to
London, Bruno Spinner, has hit back at a 13th December Financial Times report
which he claims presented a misleading impression of the Swiss attitude towards
money laundering and Dawn Primarolo's recent speech to the Swiss-UK Chamber
of Commerce. 'Your report...conveyed
information and perceptions that reflected neither the UK Paymaster-General's
speech of a day earlier in Zurich, nor the efforts of Switzerland in the fight
against tax evasion and money laundering,' he complained. He pointed out that Switzerland
grants full judicial cooperation in the fight against tax fraud, and argued
that the withholding tax suggested by the countries opposed to information sharing
on non-resident savings interest on an EU-wide basis is a 'technically simple,
efficient, and secure' alternative method of tax collection. In conclusion he observed
that: 'It was indeed valuable to have the UK minister in Switzerland. Dialogue
should always prevail over diktat, especially between states that share so many
liberal values.' .
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