On December 18, the Swiss Federal Council mandated Didier Burkhalter to resume negotiations with Brussels “in the fields of the taxation of savings and institutional relations” from January 1, 2014, when he takes over the rotating Presidency of the Swiss Confederation, reports Corriere del Ticino.
“One thing is obvious,” notes the Tecino based daily —
The roadmap for the review of bilateral relations with the EU has been defined and can be judged with a certain clarity. However the way forward for talks on taxation is uncertain.
In particular, Swiss banks’ access to the European market is “a prerequisite for the review of taxation agreements,” while the “the question of the automatic exchange of data still remains vague.
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