SWITZERLAND IS ONE OF THE BLACK SHEEPS IN THE OECD FOR LACK OF FISCAL COOPERATION

The last Monday the Swiss portal of information and services Swisslatin published an important article for the world economy called: “Switzerland is one of the black sheeps in the OECD for lack of fiscal cooperation” in which criticizes that Switzerland continue to have restrictions in the international cooperation to attack the tax evasion. The president of the Committee of Fiscal Matters of the OECD, Paolo Ciocca said that the country must do advances in the application of the international principles.

Paolo Ciocca remembered in a press conference that Switzerland expressed that it was agree with the international principles of the Club of the developed countries but this is not true. He said that others Financial centers also are in the same situation.

Moreover, The European commission criticized the existence of Swiss cantons that compete between them and they offer important reductions in taxes to millionaires who are located in their territories.

The European commission noticed to the Swiss government that the European Union is disagreeing with this situation. Someone said that it is a big political problem because is a taxes evasion. However The Swiss authorities think that Swiss cantons do not violate the Free Trade Agreement but they recognize that it is a problem that should be arranged in the future. I think that should not exist these Swiss cantons because this fact let the tax evasion.