Please enter your email address to receive a password reminder.
Log into Tax-News+
The Swiss Federal Council has adopted a dispatch on tax information exchange agreements (TIEAs) with Andorra, Greenland, San Marino, and the Seychelles. The dispatch will now be submitted to parliament for its approval.
Switzerland signed a TIEA with Greenland on March 7, with Andorra on March 17, with San Marino on May 16, and with the Seychelles on May 26. Each must be approved by parliament before it can enter into force, and may be subject to an optional referendum.
The Federal Council said that during the hearing procedures that followed the completion of negotiations, the cantons and stakeholders expressed their support. All of the TIEAs comply with the international standard.
Switzerland's TIEAs with Jersey, Guernsey, and the Isle of Man are scheduled to enter into force during the fourth quarter of 2014, providing they are not subject to a referendum.
IMPORTANT NOTICE: Wolters Kluwer TAA Limited has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
All rights reserved. © 2017 Wolters Kluwer