Switzerland, France Discuss Tax 

swiss banks

French President François Hollande has met with the head of Switzerland’s Federal Department of Finance, Eveline Widmer-Schlumpf, to talk tax.

The meeting was held during Hollande’s state visit to Switzerland, the first by a French President since 1998. The Swiss federal authorities said that Widmer-Schlumpf stressed the progress made in recent months in resolving outstanding differences on tax. She pointed out that administrative assistance procedures are working well, and that past issues are being dealt with. Measures are being prepared for the automatic exchange of information, and talks on mutual market access are ongoing.

Widmer-Schlumpf made clear that Switzerland expects that Swiss banks should be treated fairly and equally in French judicial proceedings. She emphasized the importance of respecting in full the agreed procedures for mutual assistance on tax matters.

Source: Tax News – Switzerland, France Discuss Tax

Leave a Comment


Broker Cyprus TopFX