Switzerland: Guidance related to AEOI in tax matters

Switzerland: Guidance related to AEOI in tax matters

The Swiss federal tax administration issued explanations regarding the ordinance for international automatic exchange of information (AEOI) in tax matters.

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The ordinance regulates details on reporting and due diligence obligations for reporting Swiss financial institutions and includes provisions required to implement AEOI. The Swiss federal tax administration specifically named non-reporting financial institutions and accounts that are excluded from the scope of the ordinance, as they have a low risk of being misused for tax evasion.

Read a January 2021 report [PDF 84 KB] prepared by the KPMG member firm in Switzerland

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