Bern, Switzerland (TSR, Fre) – The OECD has told Switzerland it must have 12 renegotiated bilateral tax treaties in place by the end of 2009 in order not to be on the organization’s list of “uncooperative” countries in tax matters.
Swiss President Hans-Rudolf Merz told a press conference 6 April that the government is working to clarify with the OECD that this means agreements, rather than ratified treaties, since it would be impossible to get treaties approved by the population this quickly. To date, 23 countries have said they are interested in new tax treaties with Switzerland.
Background: “Merz asks OECD for greater transparency on tax issues,” GenevaLunch, 30 April 2009
This work by genevalunch.com is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.
News story, GenevaLunch, 7 May 2009.
Filed under: Politics
Tags: OECD, Politics, Switzerland, tax treaties
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