Swiss press cool towards US tax deal – ValueWalk Premium

Swiss press cool towards US tax deal

The bank deal signed between Switzerland and the United States aimed at ending the long-running dispute over US tax dodgers with money in Swiss bank accounts has had a very lukewarm reception in the Swiss press.

The German-language TagesAnzeiger says Switzerland had had to make unpalatable compromises – expressed more vividly in German as “swallowing toads”, while the Neue Zürcher Zeitungheads its editorial on the issue “It’s not yet over”.

The French-language paper Le Temps agrees. “It’s not the end of the troubles with the US tax authorities . . .

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