The Resource Agreement between Switzerland and the European Union on the taxation of savings - a balanced "compromis Helvétique"

Agreement between Switzerland and the European Union on the taxation of savings - a balanced "compromis Helvétique"

Label
Agreement between Switzerland and the European Union on the taxation of savings - a balanced "compromis Helvétique"
Title
Agreement between Switzerland and the European Union on the taxation of savings - a balanced "compromis Helvétique"
Creator
Subject
Language
eng
Summary
The bilateral agreement on the taxation of savings (Savings Agreement) between Switzerland and the European Union, signed in October 2004, is important for both parties. For the European Union, it represents the implementation of "equivalent measures" to those in the EC Directive on the taxation of savings income in the form of interest payments. For Switzerland, it is the result of a balanced compromise between the introduction of unilateral measures to secure the taxation of interest within the European Union, while preserving bank secrecy. After summarizing the main features of the Savings Agreement, this article analyses its three essential elements: the retention on interest payments, the exchange of information in the case of "tax fraud and the like", and the introduction of rules comparable to those in the EC Parent-Subsidiary and Interest and Royalties Directives
Citation source
In: Bulletin for international fiscal documentation. - Amsterdam. - Vol. 59 (2005),
http://library.link/vocab/creatorName
Oberson, X
Geographic coverage
  • European Union
  • Europe
Language note
English
http://library.link/vocab/subjectName
  • exchange of information
  • savings
  • dividend
  • royalties
  • bank secrecy
Label
Agreement between Switzerland and the European Union on the taxation of savings - a balanced "compromis Helvétique"
Instantiates
Publication
Label
Agreement between Switzerland and the European Union on the taxation of savings - a balanced "compromis Helvétique"
Publication

Library Locations

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      52.37366609999999 4.9336932
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