Swiss delegation arrives in London
Swiss parliamentarians are on a visit to London to discuss elements of the new bilateral agreements between Switzerland and the European Union.
The taxation of interest income will be one of the main issues up for discussion between the 18 Swiss parliamentarians and their British counterparts in the capital London.
Taxation of interest income forms part of the new bilateral negotiations, which are expected to get underway later this year.
On Monday, Percy Westerlund, director general of the EU’s external affairs division, said he was in favour of the immediate commencement of the bilateral negotiations between Switzerland and the EU.
The visit will mainly be a fact-finding mission, said Ivo Sieber, head of the economic unit of the Swiss embassy in London. “Above all, the purpose of this trip is to get information and to find out more about London as a financial centre,” he said.
Last Friday, British parliamentarians, on a similar mission, met their Swiss counterparts in Zurich.
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