The Federal Tax Administration (FTA) has exchanged information on financial accounts with 96 countries this year. The exchange took place within the framework of the global standard on the automatic exchange of information.
This content was published on
1 minute
Keystone-SDA/ts
العربية
ar
سويسرا تتبادل بيانات ضريبية مع ستة وتسعين بلدا أجنبيا
The FTA sent information on around 3.3 million financial accounts to the partner states and received information on around 2.1 financial accounts from them, it said in a statement on Monday.
The FTA was unable to provide any information on the volume of assets involved.
New partner states were Antigua and Barbuda, Azerbaijan, Dominica, Ghana, Lebanon, Macao, Pakistan, Qatar, Samoa, and Vanuatu.
In the case of 26 countries, Switzerland received information but did not provide any. According to the tax administration, 14 states did not receive any data because they did not meet the requirements for confidentiality and data security. Twelve states refrained from sending data.
The legal basis for the automatic exchange of information came into force in Switzerland at the beginning of 2017. According to the government, around 8,500 financial institutions (such as banks and insurance companies) currently transmit information to the Federal Tax Administration.
More
More
Switzerland in the age of automatic exchange of banking information
This content was published on
A year ago, Switzerland began to pass on data on the bank accounts held by foreigners in Swiss banks to around 30 countries.
University students in Switzerland join Gaza protest wave
This content was published on
Pro-Palestinian activists occupied university buildings in Lausanne, Geneva and Zurich on Tuesday, widening the protest movement in the Alpine nation.
TradeXBank to resume full operations after Sberbank Switzerland taken off sanctions list
This content was published on
TradeXBank, the former Swiss branch of Russia’s Sberbank, will be able to resume its dollar-denominated activities from the second half of this year.
Geneva decides not to remove controversial memorials
This content was published on
The city of Geneva has presented an action plan regarding a series of controversial local statues and monuments of historical figures linked to racism, colonialism or slavery.
University of Lausanne calls for end to pro-Palestine sit-in
This content was published on
The pro-Palestinian occupation continues at the University of Lausanne (UNIL). On Monday evening, a group of students refused to agree to the deadline set by the rectorate.
Ukraine peace conference should include Russia, says Chinese ambassador
This content was published on
China supports a peace conference on the Ukraine war that would see equal participation of all parties, says Chinese Ambassador to Russia Zhang Hanhui.
This content was published on
A majority of Swiss citizens have open attitudes towards various infertility treatments, including even egg donation, which is currently prohibited.
Reports of Swiss cyber fraud almost doubled in six months
This content was published on
The head of the new Federal Office for Cybersecurity (FOC), Florian Schütz, has presented a new strategy after just over four months in office.
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.
Read more
More
Switzerland agrees to more financial transparency from 2021
This content was published on
The Alpine nation has agreed to plug a few loopholes in the implementation of the international standard for the automatic exchange of information.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.