Regularisation of the past and final withholding tax for the future

Switzerland and Germany have entered into an agreement that is designed to resolve several pending taxation issues in the interest of both countries and the persons and institutions affected by the agreement. Among other things, the agreement (upon ratification) will allow German resident clients with bank accounts in Switzerland to be fully tax compliant for the past and the future while maintaining their privacy at the same time.

To read more about the key aspects of the agreement, please download the newsletter here.

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