Sweden and the Netherlands have joined a growing list of countries demanding the names of a group of UBS bank clients in order to check whether they have paid taxes. France and Spain have previously asked for Swiss administrative assistance following the same tip-off from the German authorities.
The Swedish and Dutch requests, submitted in October 2016 and February 2017 respectively, were reported in the latest edition of the Swiss Federal Gazette, which acts as a general public notice of such actions.
It sends a further message that the net is closing on wealthy tax cheats who hid their money in Swiss bank accounts. And the requests also confirm that Switzerland is prepared to relax its former tough stance on rejecting so-called fishing expeditions from foreign jurisdictions.
