|Switzerland, France Resolve Tax Info Exchange Issues
by Ulrika Lomas, Tax-news.com, Brussels
Thursday, July 13, 2017
Switzerland and France have resolved a number of issues around the exchange of tax data, according to a statement from the Swiss Federal Council.
The Federal Council said that authorities in both countries had been able to find answers to outstanding application issues, and to problems that had arisen in recent months. It said the authorities had been successful in agreeing joint solutions.
The Federal Council explained that Switzerland and France are now in a position to pursue the exchange of information upon request in all pending and future cases. This can now be done effectively and in compliance with the OECD standard and with the obligations set out in Switzerland and France's bilateral information exchange agreement.