Switzerland to Exchange Financial Account Information With 33 More Countries for Tax Purposes

by swisschambei in Bilateral Relations

Switzerland’s Federal Council, during its meeting on August 14th, confirmed that Switzerland will exchange financial account information with 33 more reviewed partner countries for the first time in September. The list comprises Andorra, Argentina, Barbados, Belize, Brazil, Chile, China, Colombia, Cook Island, Costa Rica, Curaçao, Faroe Islands, Greenland, India, Indonesia, Liechtenstein, Malaysia, Mauritius, Mexico, Monaco, Montserrat, New Zealand, Russia, Saint-Kitts and Nevis, Saint Martin, Saint Vincent and the Grenadines, Sainte-Lucia, Saudi Arabia, Seychelles, Singapore, South Africa, and Uruguay. The Federal Council decided to commence the automatic exchange of financial account information (AEOI) based on the positive feedback by the economic affairs and taxation committees of both parliamentary chambers.

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