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Old 20.04.2012, 20:30
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Re: London/Geneva - double taxation

Some news from today, might be relevant:

http://www.swissinfo.ch/eng/politics...l?cid=32523290

Switzerland has decided to give in to demands by Britain to modify a planned bilateral tax treaty, after continued opposition to the accord.

The finance ministry on Friday said both sides agreed to raise the minimum rate to legalise untaxed assets from 19 per cent and 34 per cent to between 21 per cent and 41 per cent, similar to a deal between Switzerland and Germany.

The agreements still need approval by all the country’s parliaments in order to come into force next January.

http://www.efd.admin.ch/themen/wirts...x.html?lang=en
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