Tax Treaty with Switzerland Finally Confirmed

PoliticsInternational ♦ Published: June 16, 2012; 13:02 ♦ (Vindobona)

The second chamber oft he Swiss Parliament approved the tax deal with Austria, Germany and the U.K.

Tax Treaty with Switzerland Finally Confirmed / Picture: © Swiss and Austrian crossed flags by Vindobona

In May, the ratification by the Swiss National Council was approved by a significant majority. 138 members of the Swiss Parliament voted for the tax deal, 51 members were against the treaty. Now, the second chamber of the Swiss Parliament gave its express consent. The tax treaty between Switzerland and Austria will enter into force in 2013.

Two months ago, Switzerland and…