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Switzerland

swiss banks

Swiss to Vote on Federal Inheritance Tax

09/06/2015(0)
Opponents say the measure could cripple hundreds of Switzerland’s small and midsize companies Switzerland will vote this month on introducing a federal inheritance tax, a levy that opponents say ... Read More
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HSBC pays out £28m over money-laundering claims

05/06/2015(0)
Geneva prosecutor agrees to close investigation into HSBC in return for the financial settlement HSBC has been ordered to pay a record 40m Swiss francs (£28m) and been given a ... Read More
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Swiss bank UBS settles currency-rigging claims for $135M

16/03/2015(0)
Switzerland‘s largest bank, UBS, has agreed to pay $135 million to settle claims that it helped rig currency-exchange rates in a scheme involving some of the world’s biggest banks. ... Read More
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Swiss Voters Reject Proposal To Replace VAT

13/03/2015(0)
Swiss voters have resoundingly rejected a proposal to replace the value-added tax with an emissions-based levy. A referendum on the popular initiative, known as “Energy Rather than VAT,” was ... Read More
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Swiss Banks Try to Keep Italian Clients After Tax Deal Is Signed

26/02/2015(0)
Swiss asset managers, faced with the prospect of an exodus of Italian funds, have won a reprieve. An agreement to share tax information among the two nations signed Monday ... Read More
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Switzerland, Italy Sign Landmark Double Tax Protocol

24/02/2015(0)
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 ... Read More
HSBC

Denials continue despite MPs hearing of HSBC tax evasion claims in 2011 (Video)

11/02/2015(0)
Downing Street insists it had no warning of HSBC wrongdoing, despite revelation MPs had known about ‘disc from the Swiss’ with names of potential tax dodgers Downing Street and ... Read More
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HSBC files: international outcry over activities at bank’s Swiss arm

10/02/2015(0)
Revelations of collusion with wealthy and criminal clients in tax malpractice triggers furious response around the world HSBC was fighting an international firestorm on Monday over revelations that its Swiss ... Read More
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Central Banks Move to Drive Down Currencies, Yielding Domino Effect

09/02/2015(0)
The central-bank stimulus spree of 2015 has the look of a global currency war. In quick succession, countries representing about a third of the world’s economic output—from the eurozone ... Read More
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