Statement from the Swiss Bankers Association regarding the approval of the additional DTA report with the US by the National Council

  • The Swiss Bankers Association welcomes the approval of the additional report by the National Council regarding the new Double Taxation Agreement (DTA) with the US.
  • This represents an important step for Switzerland towards finding a solution to the tax dispute with the US.
  • It remains important that the solution is final, comprehensive and predicates on Swiss law.