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Europe Live Sunday 26th May 2013

Switzerland and Germany modify their fiscal agreement for 2013

10th April 2012

On 5th April Switzerland and Germany signed a complementary protocol to their tax agreement signed in September 2011. The text is due to be put to the Swiss parliament and is due to enter into force in 2013. The content of the agreement remains unchanged according to the two parties; it guarantees taxation on German assets placed in Switzerland. The fiscal agreement is due to come before the Bundesrat (the Chamber of the Länder in which a majority of SPD and Greens sit) who have already said they are against it.

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