Swiss Court Decision Expands Admissibility of Group Information Requests

Swiss Court Decision Expands Admissibility of Group Information Requests

A recent decision (A-6385/2012) by the Swiss Federal Administrative Court opens the door to "group" information requests covering past tax periods under the 1996 Switzerland-U.S. tax treaty and many other Swiss tax treaties.
 
A group request is an administrative assistance request for information about a group of taxpayers from a single country who might hold financial assets in a second jurisdiction and cannot be identified individually. The court's June 6 decision involved a second, restated request by U.S. authorities for information about accounts held by U.S. individuals at Credit Suisse...

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