Switzerland Announces Intention to Change from Model 2 IGA to Model 1 #GATCA

On October 8, 2014, Swiss officials announced that they intend to negotiate a reciprocal Model 1 FATCA IGA to replace the Model 2 IGA that they signed in 2013.  The motivation for the change is unknown, but the automatic exchange of information under Model 1 is more in line with emerging international norms… Continue Reading

via Global Tax Enforcement » FATCA http://bit.ly/1v72den