Swiss tax allies falling by the wayside – ValueWalk Premium

Swiss tax allies falling by the wayside

by Matt Allen,
April 1, 2014 - 11:01

The two European Union states caved in to demands last month by signing up to the revised EU savings tax directive (EUSTD) that closes many loopholes on the current withholding tax model.

Last year, Switzerland agreed to renegotiate its own withholding tax deal with the EU, signed a tax exchange deal with the United States (FATCA) and joined an Organisation for Economic Co-operation and Development (OECD) project to develop a global automatic tax data exchange model.

But German-based TJN campaigner Markus Meinzer believes that Switzerland is still fighting . . .


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