Switzerland

Details

  • Service: Tax, German Tax & Legal Center (GTLC)
  • Type: KPMG in the Media
  • Date: 5/3/2012

Tax Agreement Germany-Switzerland: current developments in Spring 2012 

On 29 March 2012, the German opposition parties seemed to accept the tax agreement with Switzerland signed on 21 September 2011. However, an immediate change occurred.
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Due to security reasons regarding the accurate reporting of the assets held in Switzerland and the anonymous regularization of the past, the opposition parties decided to reject the current version of the treaty. Despite this drawback, the amendments in the agreement have been fixed and shall be imntroduced to the legislative procedure.

 

Publication in German

 

German Tax & Legal Center (GTLC)

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The German-Swiss economic area harbors fiscal and legal opportunities and risks, for companies as well as for private individuals. With its GTLC, KPMG offers qualified tax advisory services - for both countries from a single source.