Swiss sign first tax information sharing deal under OECD framework


  • World
  • Tuesday, 03 Mar 2015

ZURICH (Reuters) - Switzerland has signed a deal with Australia to exchange tax information, the country's first such agreement under an international framework to automatically swap tax information, the Swiss finance ministry said on Tuesday.

The country is under growing international pressure over bank secrecy and tax evasion, most recently highlighted by allegations that the Swiss arm of HSBC had helped clients dodge taxes.

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