Switzerland moves towards full transparency on tax exchange, says OECD

The OECD Global Forum on Transparency and Exchange of Information for Tax Purposes has published nine peer review reports, including a phase 1 supplementary report for Switzerland, demonstrating continuing progress toward implementation of the international standard for exchange of information on request but stresses that four countries still remain non-compliant including Luxembourg

International community continues making major progress to end tax evasion

Switzerland’s supplementary report assesses the improvements it has made to its legal framework and exchange of tax information mechanisms since the adoption of the Phase 1 report in 2011.

Part of the clampdown on tax evasion has seen a new law on international administrative assistance, which specifically states that it is applicable to all exchange of information (EOI) mechanisms.

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