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Tax Treaty with Switzerland Close to be Finished

Published: April 11, 2012; 18:51 · (Vindobona)

Austria aims for reach a tax agreement with Switzerland in order to tax illegal funds deposited by Austrian nationals at Swiss banks. An agreement seems to be within reach.

Tax Treaty with Switzerland Close to be Finished / Picture: © Schweiz Tourismus

The negotiations with Switzerland may be concluded sooner than initially expected. A negotiation delegation of the Ministry of Finance may come to a conclusion already tomorrow. Fekter may sign the treaty in Bern this Friday.

Nevertheless, the Austrian government members are still reluctant. Federal Chancellor Werner Faymann commented that a negotiation has not been reached yet,…

This article includes a total of 178 words.

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