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Today’s Top Headlines

Switzerland Nurtures Tax Relations At WEF

by Ulrika Lomas,, Brussels

31 January 2013

At the recent annual meeting of the World Economic Forum, Swiss Federal Councilor Eveline Widmer-Schlumpf held key tax talks with Italian Prime Minister Mario Monti and with French Finance Minister Pierre Moscovici, with the discussions designed to continue efforts and dialogue to resolve bilateral tax issues.

During the meeting with Monti, both sides agreed to continue with the current work on finding a solution to financial and fiscal policy problems at a technical level. However, the Italian government is prohibited from conducting actual negotiations during the transition period leading up to the elections.

During Widmer-Schlumpf's discussions with Moscovici, both ministers reiterated their readiness to continue the structured dialogue on all pending bilateral tax issues, which was started in December 2012.

Widmer-Schlumpf held other talks with Belgium's Finance Minister, Steven Vanackere, and Ireland's Minister for Finance, Michael Noonan, during which she explained the Swiss model of a final withholding tax and discussed corporate taxation issues.

TAGS: Finance | tax | investment | Belgium | Ireland | banking | offshore | agreements | withholding tax | France | Italy | Switzerland

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