Tuesday, 29 November, 2011
'We are heading toward possible compromise' on EU-Swiss tax dispute
The European Commission is threatening to sue Germany and the UK over the tax deals they’ve signed with Switzerland. The agreements mean Bern would collect taxes on undeclared assets in Switzerland and turn over the money but not the identities of the account holders to Germany or the UK. The commissioner in charge of tax issues has warned once again that the accords may conflict with other existing ones between the EU and Switzerland. To put it all into context WRS’s Dave Goodman talks to Jean Russotto, an attorney in Brussels and a close observer of EU-Swiss relations:
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