Switzerland Announces Intention To Change From Model 2 IGA To Model 1

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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.

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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.

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Jay R. Nanavati

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15 October 2014

Switzerland Announces Intention To Change From Model 2 IGA To Model 1

United States Tax

Switzerland Announces Intention To Change From Model 2 IGA To Model 1

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