Swiss-German Tax Deal Under Threat

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 2 hours ago | Wednesday, February 08, 2012

Social Democrat controlled states throughout Germany reportedly plan to block the bilateral tax agreement between Switzerland and Germany in the German Bundesrat, or upper house of parliament, during a crucial vote on February 10. Read Full Story

Switzerland Records Weak Foreign Trade In 2011

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 26 hours ago | Tuesday, February 07, 2012

The strong Swiss franc and the gloomy outlook for the global economy have affected Swiss foreign trade, according to the latest figures released by the Swiss Federal Department of Finance. Read Full Story

Switzerland Yields To US Tax Demands

by Ulrika Lomas, Tax-News.com, Brussels

Monday, February 06, 2012

Following mounting pressure from the US attorney’s office, Switzerland has finally handed over to US investigators comprehensive, encrypted, banking data pertaining to eleven Swiss banks, alleged to have aided wealthy Americans to evade US taxes amounting to billions of euros. Read Full Story

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