Switzerland

The Swiss Government official today has claimed that the tax avoidance treaty with India will be looked into. This will allow Swiss Government officials to provide financial assistance to India to deal with the tax evasion cases in the country.

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India, Switzerland Sign Double Taxation Avoidance Agreement

Switzerland and India have gone ahead and signed the Double Taxation Avoidance Agreement in which India would be able to access information in Swiss banks regarding taxation purposes only. India would not be able to have access to any of the unaccounted money that has been stashed away by Indians in Swiss Banks.

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should you buy the swiss franc?Why buy the Swiss franc? There are many reasons. Here are just a few:

  • The Swiss franc is the stand-alone currency of Switzerland. By this we mean that Switzerland is not part of the European Union and does not use the euro as its currency.
  • The Swiss franc offers currency exposure to Europe, while not subject to problems of countries like Greece and Spain defaulting on their sovereign debt.

Continue reading Swiss Franc at Record High Against Euro

Swiss Franc at Record High Against Euro originally appeared on BloggingStocks on Fri, 27 Aug 2010 09:30:00 EST. Please see our terms for use of feeds.

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UBS logoLooks like UBS (UBS) isn’t going to hand over files on its American clients to U.S. tax authorities.

Nationalist and left-wing lawmakers blocked a treaty with the U.S. that would have allowed UBS to hand over said files. This “treaty” was reached last August between the Swiss government and Washington in order to put to rest a disagreement about UBS’s supposed role in tax evasion. The boondoggle was that the Social Democrats wanted a commitment from the government to tax bankers’ bonuses and the People’s Party wanted a vote against the tax before dealing with the U.S. tax treaty.

Continue reading Swiss Lawmakers Reject Deal to Name American Clients of UBS

Swiss Lawmakers Reject Deal to Name American Clients of UBS originally appeared on BloggingStocks on Tue, 08 Jun 2010 11:00:00 EST. Please see our terms for use of feeds.

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United StatesSwitzerlandUBS AGPeople’s PartyTax avoidance and tax evasion