06 October 2017 Swiss parliament approves exchange of information with Russia Russian tax authorities will begin receiving information on Swiss accounts of Russian tax residents in 2019. The first flow of information will reveal high-value financial accounts held as at January 1, 2018 with Swiss financial institutions. The reportable information will also include such types of income as dividends, interest and gross proceeds from the sale of securities and other financial assets during 2018. The Swiss parliament approved the exchange of information with Russia under the provisions of the OECD Standard for Automatic Exchange of Financial Account Information in Tax Matters between partner countries. Document ID: 2017-1646 |