“It seems that the topic on the Swiss banks provision the USA authorities with confidential information about clients’ accounts that has had so many discussions for a long period of time reached its culmination in 2012.
Unfortunately, today we have the opportunity to observe the gradual destruction of the banking secrecy institution, so carefully guarded by Switzerland for hundreds of years. It seems that the signing of a new tax treaty with the United States will have negative impact on the foreign investments inflow into the banking sector of the confederation.
Perhaps, the potential capital will find its "safe haven" in the banks of Austria or Germany that are considered one of the most reliable in Europe”.
On the basis: www.swissinfo.ch
Vorontsova Maria ( the lawyer of international consulting of Honest&Bright)
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