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Switzerland and Argentina closer to deal on double taxation and sharing tax information

Monday, October 20th 2014 - 07:47 UTC
Full article 12 comments

Switzerland took a step forward on implementing its double taxation agreement (DTA) with Argentina as the Federal Council adopted the dispatch on the deal and submitted it to parliament for approval. Meanwhile, in Argentina the agreement has already been passed by the Foreign Affairs and Budget Committees of the Lower House and was cleared for debate. Read full article


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  • ChrisR

    TMBOA will already have moved her millions into other, bent, countries after the NML expose in the U.S.

    Oct 20th, 2014 - 12:22 pm - Link - Report abuse 0
  • Z-ville

    Ooh, the devil is in the details:
    “Both countries also agreed to a round of consultations before an automatic exchange of information is implemented. The legal characteristics of the exchange and its contents would be discussed in such meetings. Tax experts agree the earliest that would happen would be 2018.”

    Chrissy and her millions will be long gone by then...

    Oct 20th, 2014 - 01:51 pm - Link - Report abuse 0
  • chronic

    An incompetent criminal nation signs a treaty with a competent criminal nation. So what?

    Oct 20th, 2014 - 02:51 pm - Link - Report abuse 0
  • 313toBioBio

    @3 I would say it's an incompetent criminal government...a nation? Millions of Argentines have been in the streets protesting this destructive government. Why is the K regime incompetent? They've met their objective of wrecking Argentina to it's worst crisis in history while making themselves rich.

    Oct 20th, 2014 - 03:09 pm - Link - Report abuse 0
  • Enrique Massot

    Are you guys for real or just a computer programmed to post comments that are critical of anything that is progressive anywhere, at any time, in Latin America?

    Oct 20th, 2014 - 04:27 pm - Link - Report abuse 0
  • ilsen

    I have frequently written positive posts about Chile and some other countries. Even more frequently I write negative posts about the adminstrations of Argentina and Venezuela because I believe they are wrecking their countries and harming their people. I have family and other interests in Venezuela and I am naturally concerned for them.

    Sometimes the difference between a nation and an administration gets a little blurred, as it does in the press. e.g. 'US and France in new talks', or 'Russia agrees new whatever'.
    That said, are the people not ultimately, or at least somewhat, to blame for their governments? Or are they just passive bystanders?
    Or champagne socialists living in a cosy Commonwealth country like Canada?
    Enrique, with a few notable exceptions I think you will find that most posters here actually care very deeply about Latin America, or at least one of the countries there-in. They are just very cynical about a lot of the 'progressive' bullshit espoused by corrupt officialdom and their hangers-on.

    Oct 20th, 2014 - 06:59 pm - Link - Report abuse 0
  • DerkeBlake

    @6 ilsen
    Very good post. The only thing I'd change is:
    “Or ENTITLED champagne socialists living in a cosy Commonwealth country like Canada?”

    Oct 20th, 2014 - 07:05 pm - Link - Report abuse 0
  • 313toBioBio

    Champagne socialists are running Chile at the moment. And basically anything the Argentine regime does is fraud or a distraction. When Cristina decides who can and can't buy dollars...that's not democratic. It's been that way since 2011 and it's been a recession in Argentina and Brazil since. There's been a degradation of living standards while hiding behind socialism they fill their pockets. Chile's leadership is given way too much leniency. Senator Isabel Allende can criticize Maduro, but at the same time she gets in selfies with Cristina Fernandez. And who's behind Maduro? Tell us the whole truth.

    Oct 20th, 2014 - 08:44 pm - Link - Report abuse 0
  • ilsen

    @7 & @8 thank you for your posts/comments. I am frequently trolled for speaking my mind, but it won't stop me!
    I have posted before about who really runs Venezuela.
    You can search my posts by using the little box on the above right, just enter ilsen + venezuela.s
    Basically it is Ramirez, Castro and a lot of dubious characters related to Chavez. Massive corruption and mismanagement. Lots of money has gone to Chicago and Florida, any other obscure tax-havens.
    Good sources are (spanish) (spanish) (english) (english & spanish)
    the business websites are also useful, such as,
    reuters normally has something
    HTH (hope that helps)

    Oct 20th, 2014 - 09:41 pm - Link - Report abuse 0
  • DerkeBlake

    Cheers ilsen.
    I currently work with two very wonderful Venezuelans in Fort McMurray.
    Spectacular people, but unfortunately part of the Hugo Chavez brain drain that is killing that country. I know they'd rather be working in the heavy oil industry “at home” although they are much too polite to say so outright (the minus 40 deg temperatures during the winter might have something to do with it; I think I'd go back with them some days).
    They are putting down roots now and seem to be pretty much past the point of ever contemplating going back. They don't even want to return home for the holidays any longer because of the harassment and crime.
    It's a shame, but Venezuela's loss is Canada's gain, I guess.

    Oct 20th, 2014 - 10:27 pm - Link - Report abuse 0

    For the time being CFK and her lackeys are exempt.

    “ Information can only be asked for when a tax investigation with sufficient evidence has been launched by a court. ” Switzerland has agree to this.

    But llater, when the Truth commission arrives ?

    Depues . . .

    Oct 21st, 2014 - 02:03 am - Link - Report abuse 0
  • SebaSvtz

    Will Cristina and her pals inform about their deposits over there?

    Oct 22nd, 2014 - 11:55 am - Link - Report abuse 0

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