“Bank secrecy for Swiss should stay – Telegraaf.nl

"Bank secrecy for Swiss should stay – Telegraaf.nl

BERN –

The Swiss banking secrecy is under pressure and that makes the sweat breaks out at many Swiss. A group of right-wing politicians has therefore proposed to exist. Banking secrecy for its own citizens Switzerland sees the plan it down: almost 120,000 people have now put their signatures under the action

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Swiss banks could circumvent the strict laws.

Under the slogan “Yes to the protection of privacy ‘trying politicians to

ensure that the tax authorities will not have access to the financial data of citizens. They want to be enshrined in the constitution. It is intended that the tax authorities and other authorities only get insight into the finances as a judge has determined that there is a fiscal offense.

Because so many people have signed the initiative, there will be a referendum. But it may take another two years before it’s time.

Switzerland said in May banking and tax data to share with other countries automatically. Tax evasion through a bank account in Switzerland is thereby made more difficult

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