First three Swiss tax information exchange agreements in force

Bern, 03.11.2014 - Switzerland's first three tax information exchange agreements, i.e. with Jersey, Guernsey and the Isle of Man, have entered into force. They will be applicable from 1 January 2015.

The agreements between Switzerland and Jersey, Switzerland and Guernsey and Switzerland and the Isle of Man regarding the exchange of information on tax matters have entered into force on 14 October 2014 and will be applicable from 1 January 2015.

On 4 April 2012, the Federal Council decided to adopt the international administrative assistance standard not only in double taxation agreements (DTAs) but also in tax information exchange agreements (TIEAs). DTAs and TIEAs are essentially equivalent instruments for agreeing to standard-compliant administrative assistance requests. Unlike DTAs, which are aimed primarily at avoiding double taxation and therefore contain other material provisions, TIEAs merely govern the exchange of information.

To date, Switzerland had signed 50 DTAs and 7 TIEAs that are in line with the international exchange of information standard, and of these, 38 DTAs and 3 TIEAs are in force.



We have advised our clients on complex financial disputes regarding derivatives, structured products, miss-selling claims, contractual disputes, fraud, asset tracking, regulatory investigation and enforcement, formation of the swiss company and etc. We know how to defreeze and unblock Swiss bank accounts. We have an extended experience in handling such cases. We will analyse each single case in order to find out the most appropriate solution for each single client. Each case is different and therefore we will offer tailor-made solutions based on our experience and extensive network. We will find the right solution for you.

In which cases we are hired for help:

- Poor investment consulting, faulty asset management, cluster risks
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- Lack of portfolio diversification, conflict of interest, kick-backs to asset manager
- Blocked accounts by Swiss banks
- Problems with credit, collateral, and other hedging transactions, incorrect commissions, fees on account movements, payment transactions, credit cards
- Tax evasion and tax fraud, trusts, foundations, bank secrecy
- Bank Account Succession and Inheritance
- Accounts without information and dormant accounts
- Formation Swiss company

Ask for help if…

You need open swiss bank account
You need establish Swiss company
You are in a conflict with your Swiss bank or asset manager?
Your bank blocked your accounts due to suspicion of illegal activities?
Your account “stinks”?
Your bank has blocked your bank account?
Your bank is refusing to pay-out in cash?
What you have to do if you are suspected for money-laundering?
You have inherited a Swiss bank account?

Contact us: send an e-mail to vvaleriy@me.com

Kind regards,
Valeriy Volkov
vvaleriy@me.com