Spontaneous exchange of information
Spontaneous exchange of information
On 1 January 2017, the OECD/Council of Europe Convention on Mutual Administrative Assistance in Tax Matters (administrative assistance convention) entered into force for Switzerland. This makes provision for the obligation to provide spontaneous administrative assistance in Article 7. For the purposes of spontaneous administrative assistance, the convention will be applicable in Switzerland for tax periods from 1 January 2018.