Global Forum on Transparency and Exchange of Information for Tax Purposes Peer Reviews: Switzerland 2016
Phase 2: Implementation of the Standard in Practice
In series:Global Forum on Transparency and Exchange of Information for Tax Purposes: Peer Reviewsview more titles
Published on July 26, 2016
Also available in: French
The Phase 2 review rates Switzerland as overall largely compliant with the international standard. The Phase 2 review shows that Switzerland’s exchange of information practice is generally in line with the international standard for transparency and exchange of information for tax purposes. The report recommends that Switzerland ensures that appropriate reporting mechanisms are in place to effectively ensure the identification of the owners of bearer shares in all cases and with regard to requests based on stolen data, it is recommended that Switzerland modify its law and/or practice as appropriate to ensure that it can give effect to the obligations under its EOI mechanisms. For further information on Switzerland’s exchange of information practices and to read the full report click here.