Switzerland, EU Hold Tax Talks

by Ulrika Lomas, Tax-News.com, Brussels

09 July 2010

The Head of Switzerland's State Secretariat for International Financial Matters, Michael Ambühl, has recently received the European Union (EU) Director General for Taxation, Walter Deeffaa, with the talks focusing on the current status of tax and financial policy.

During the course of the meeting, discussions also centred on further developments in the EU taxation of savings income directive, on the state of implementation of Switzerland’s new administrative assistance policy, on the EU code of conduct on company taxation (for which the EU has made a request for a dialogue to be opened), and on cooperation within multilateral financial bodies (including the Organization for Economic Cooperation and Development, the Financial Stability Board and the International Monetary Fund).

In addition, the financial and currency situation in Europe was also discussed, where Ambühl expressed Switzerland's concerns regarding currency developments within the euro area.

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Tags: tax | business | agreements | Organisation for Economic Co-operation and Development (OECD) | International Monetary Fund (IMF) | corporation tax | Switzerland | currency

 






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