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AUTOMATIC EXCHANGE OF INFORMATION BETWEEN SWITZERLAND AND CANADA

January 10, 2017 | News

AUTOMATIC EXCHANGE OF INFORMATION BETWEEN SWITZERLAND AND CANADA

Switzerland and Canada are to start providing administrative assistance to each other in relation to taxation periods beginning on or after January 1, 2017 under the Agreement entered into under the Convention on Mutual Administrative Assistance in Tax Matters (as amended by the 2010 Protocol). The Convention shall facilitate the automatic exchange of information for tax purposes based on OECD/G20 Common Reporting Standard.

The Convention is a multilateral treaty designed to improve international tax cooperation between the tax authorities of its signatory countries and to tackle tax evasion and avoidance.


Legal disclaimer. This article does not constitute legal advice and does not establish an attorney-client relationship. The article should be used for informational purposes only.

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