Freitag, 19. Mai 2017

More countries demand UBS client names

Sweden and the Netherlands have joined a growing list of countries demanding the names of UBS bank clients suspected of dodging taxes. France and Spain have previously asked for Swiss administrative assistance following the same tip-off from the German authorities. The Swedish and Dutch requests, submitted in October 2016 and February 2017 respectively, were reported in the latest edition of the Swiss Federal Gazette, which acts as a general public notice of such actions.      It sends a further message that the net is closing on wealthy tax cheats who hid their money in Swiss bank accounts. And the requests also confirm that Switzerland is prepared to relax its former tough stance on rejecting so-called fishing expeditions from foreign jurisdictions. In the past, countries requesting Swiss administrative assistance to track down tax dodgers have been required to name the people they suspected of breaking the law. But group requests are now becoming common – asking ...

Keine Kommentare:

Kommentar veröffentlichen