UK residents with Swiss bank accounts must disclose their UK tax liabilities or pay a witholding tax. Baker & McKenzie’s Ashley Crossley discusses the impact of the high profile move against tax evasion
January 12, 2012 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
UK residents with Swiss bank accounts must disclose their UK tax liabilities or pay a witholding tax. Baker & McKenzie’s Ashley Crossley discusses the impact of the high profile move against tax evasion
In a major step forward in the UK’s move against tax evasion, the Swiss and UK authorities signed a tax agreement on 6 October 2011.
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