SWISS MOVE INTO THE INTERNATIONAL FOLD ON TAX EVASION COOPERATION
March 8th, 2015
SWITZERLAND could soon be recognised as a country fully compliant with international standards on releasing tax information to fight global tax evasion. The Organisation for Economic Cooperation & Development’s (OECD) Global Forum on Transparency and Exchange of Information for Tax Purposes has ruled Switzerland has made sufficient reforms to receive its ‘Phase 2’ peer review. Should it be successful, the OECD would recognise Switzerland’s days as a tax haven for tax evaders are at an end.An OECD report on Swiss tax transparency will be released next ...
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