Date: a month ago   Category: taxes

Ukraine wants to obtain tax information of Switzerland


Delegations of two countries will hold on August 24 negotiations on exchange of information. The Ukrainian delegation consisting of representatives of the Public fiscal service and Ministry of Finance on Thursday, August 24, will meet delegation of Switzerland for discussion of a possibility of introduction of amendments to the Convention on avoidance of the double taxation between Switzerland and Ukraine. I have reported about it in the blog the head of Office of large taxpayers Evgeny Bambizov has reported. According to him, one of the most important questions for the Ukrainian side is the exchange of tax information which isn't provided in present version of the Convention which has been signed in 2002. According to Bambizov, at the moment Switzerland wins first place among trade partners of Ukraine – commodity turnover with her makes 40%. "To have such commodity turnover and not to have enough information for taxation control – it aren't able to afford themselves even very rich countries", - the tax specialist writes. We will remind, earlier this year Rada ratified the convention between the government of Ukraine and the government of Luxembourg in which avoidance of the double taxation and prevention of evasion of taxes on income and the capital is discussed. In tax have suggested to transfer 40 types of references to an electronic format

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