Switzerland and Greece hold tax discussions
Bern, 27.10.2011 - Today during a meeting in Bern, State Secretary Michael Ambühl and Ilias Plaskovitis, the General Secretary in the Greek Ministry of Finance, conducted talks on a possible tax agreement between Switzerland and Greece.
Both parties discussed the possibility of a tax agreement like the ones Switzerland signed a few weeks ago with Germany and the United Kingdom. The aim is to regularise the assets held by Greek taxpayers in Swiss bank accounts in the past as well as to introduce a tax at source on future investment income. Switzerland would forward the tax revenue to the Greek authorities on an anonymous basis. In addition, mutual market access for financial services should be improved. In the coming weeks, both countries' governments should decide on the actual initiation of negotiations.
Address for enquiries
Mario Tuor, SIF Communications, +41 (0)31 322 46 16, mario.tuor@sif.admin.ch
Publisher
State Secretariat for International Financial Matters
http://www.sif.admin.ch
