Posted on 04/16/2013 6:18:20 PM PDT by Olog-hai
Switzerland should reject EU plans for mandatory information exchange on bank accounts, the country’s President has said.
His statements comes amid new momentum in the EU to establish a system of automatic exchange of information among its member states and with other countries. In particular, it is anxious to agree a bilateral deal with Switzerland, one of the world’s largest tax havens.
Speaking over the weekend to the La Matin Dimanche journal, the Swiss head of state, Ueli Maurer, said that the EU’s stance was “a dangerous moment for the country.”
He added that the country’s status outside the EU meant that it would not be bound by the savings directive. …
(Excerpt) Read more at euobserver.com ...
Barn door was already open here, not much left of the Swiss after the USA pounded them. Sadly the money went to worse places for worse ends. Stupid.
Schwiiz!! Mach’s doch nuuut!!!
The EU not only hates tax avoidance, they also hate money being out of their reach for “involuntary wealth redistribution” or in EU terms “wealth tax” which all Europeans are not trying to “avoid”.
The EU is a pig in lipstick.
No matter how you tart it up, it’s still a pig.
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