Switzerland ratifies the OECD Multilateral Convention

26 September 2016, Switzerland ratified the multilateral Convention on Mutual Administrative Assistance in Tax Matters. The Convention, which provides for all forms of administrative assistance in tax matters, will enter into force for Switzerland on 1 January 2017.   The OECD said ratification reaffirmed Switzerland’s commitment to greater tax transparency and marked an important step in…

Cyprus approves revised citizenship scheme

13 September 2016, the Cyprus government approved a revised citizenship-by-investment scheme designed to further encourage investments in the island’s economy by non-Cypriot entrepreneurs and investors. The revised scheme abolishes the provision for collective investment of €12 million. This is to be replaced by an individual investment of €2 million and the purchase of a residence…

Proroga per la Voluntary Disclosure

Il Governo, con apprezzabile determinazione e pragmatismo, ha appena varato i decreti che danno attuazione alla delega fiscale. Come già rilevato da Salvatore Padula sul Sole 24 Ore lo scorso 27 giugno, è un primo passo e non certo il punto di arrivo. La nota più positiva è senza dubbio il fil rouge che caratterizza…