The OECD has announced that Switzerland has become the 58th country to sign the Multilateral Convention on Mutual Administrative Assistance in Tax Matters during a ceremony held on Tue 15.10.2013. OECD Secretary-General Angel Gurria welcomed Switzerland’s adherence to the Convention, which he said “sends a clear and strong signal that Switzerland is part of the community of states which consider international tax co-operation as a necessity”.
Switzerland’s Ambassador to the OECD Stefan Flückiger said “Switzerland has been committed to complying with international standards in tax matters since March 2009. The signing of the Convention confirms Switzerland’s commitment to the global fight against tax fraud and tax evasion with a view to safeguarding the integrity and reputation of the country’s financial centre.”
Source: OECD media release, 15 October 2013
[LTN 200, 16/10/13]