Published on 23 November 2016

Spontaneous exchange of information: Federal Council adopts new Administrative Assistance Ordinance

Bern, 23.11.2016 - During its meeting on 23 November 2016, the Federal Council adopted the total revision of the Tax Administrative Assistance Ordinance (TAAO) and will bring it into force on 1 January 2017. The new ordinance defines the framework and the procedures required for the spontaneous exchange of information including those that apply for the exchange of information on advance tax rulings.