Search Results for: Switzerland
Switzerland, France Discuss Tax
April 24th, 2015
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 ...
Switzerland, EU to tackle tax evasion
March 20th, 2015
Bern and Brussels have clinched a deal to exchange bank account data in an effort to tackle tax fraud. The agreement comes after a recent report exposed the global economic damage caused by offshore accounts. Switzerland and the European ...
Switzerland, Italy Sign Landmark Double Tax Protocol
February 24th, 2015
Switzerland and Italy have signed a protocol to their double tax agreement (DTA) and a roadmap for tax cooperation – deals that the Swiss Government says will improve relations after years of controversy. The DTA protocol was initialed on ...
Fresh progress in China-Switzerland financial cooperation
January 22nd, 2015
The Swiss National Bank (SNB) and the People’s Bank of China (PBC) signed, yesterday Jan 21 2015, the Memorandum of Understanding on the establishment of RMB Clearing Arrangements in Switzerland, and the PBC decided to extend the pilot scheme of ...
PwC launches 18th Global CEO Survey results in Davos, Switzerland (Video)
January 21st, 2015
Dennis Nally, Chairman of PricewaterhouseCoopers International, presented some of the key findings of PwC’s annual survey of business leaders from around the world at a press briefing in Davos, Switzerland. Fewer CEOs than last year think global economic growth ...
Forget Switzerland: These banks will be hit by SNB shock
January 20th, 2015
Switzerland’s shock scrapping of its currency cap could knock Swiss bank earnings by 10-15 percent, but financial firms in nearby central and eastern European countries could be worse affected, Pimco’s head of financial research told CNBC on Tuesday. “I ...
Switzerland, Italy Reach Agreement On Tax Treaty
January 20th, 2015
Italy and Switzerland have agreed an amendment to their double tax agreement to enhance tax information exchange provisions. It is hoped that the agreement will be signed before the March 2 deadline set by Italy’s new voluntary disclosure program ...
Switzerland Underestimated Effect Of Currency Move On Swiss Franc
January 19th, 2015
After Switzerland’s central bank shocked global markets with a surprise currency move on Thursday, the global consensus a day later was: No more surprises, please. Currency brokers across the globe suffered deep losses, people in Geneva lined up at ...
Switzerland Legislates For Automatic Exchange tax-related information
January 16th, 2015
The Swiss Federal Council has launched two parallel consultations on legislation that would enable Switzerland to automatically exchange tax-related information from 2018. The first consultation concerns draft legislation arising from Switzerland’s October 2013 signature of the Organisation for Economic ...
FINMA: Switzerland Completes Financial Services Regulator Review
January 5th, 2015
The Swiss Federal Council has concluded that there is no fundamental need for comprehensive reform of the Financial Market Supervisory Authority (FINAMA), but has identified what it says are isolated areas where there is room for improvement. FINMA is ...
