NEW DELHI: India and Switzerland have been able to achieve a breakthrough in their deadlock over banking secrecy laws in the European nation that prevented tax authorities from being able
Switzerland proposed tax changes that it hopes will resolve a dispute with the European Union over preferential rates offered to multinationals while retaining the country’s appeal as business location. Switzerland
Switzerland unveiled proposals on Monday to scrap certain tax breaks for foreign multinational companies but also recommended measures to ensure the country remains an attractive place to invest. Switzerland allows its
The Swiss Federal Council has clarified that fines are not a business-related expense and are therefore not tax deductible. It is stipulated in Swiss tax law that neither private individuals
In exchange for immunity from prosecution for assisting tax evasion, the Swiss banks had to tell the U.S. Internal Revenue Service how they hid Americans’ assets, hand over data on secret accounts, and
