The FATCA agreement and the act itself will enter into force by 1 July 2014. Within the scope of the implementation of the FATCA agreement, banks are required to disclose information on US accounts to the US Internal Revenue Service (IRS). US bank clients receive a letter from their bank, in which the bank requests their consent to its reporting of their account information to the IRS. Enclosed with the letter is an information letter from the FTA describing the steps involved in a possible administrative assistance procedure under the FATCA agreement. The United States can request administrative assistance only after it has received the aggregate reports from the bank and once the Protocol of Amendment to the double taxation agreement of 23 September 2009 has entered into force.
You can find full text of the letter here;
http://www.estv.admin.ch/intsteuerrecht/themen/01458/01648/index.html?lang=en
Для консультаций по вопросам связанным с управлением активами в Швейцарии, открытием и функционированием банковских счетов в швейцарских банках, регистрацией швейцарских компаний, а также другим вопросам, которые связаны со Швейцарией, вы можете обращаться по электронной почте: vvolkov@alpha-capita.ch
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