Bloomberg
By Carla Main - Aug 21, 2012
Switzerland is delaying plans to require foreign clients of Swiss banks to declare they are tax-compliant to patch together two sets of legislative proposals, the Federal Department of Finance said.
The delayed consultation proposal for a tax-compliant and competitive financial center will be submitted to the Federal Council in January 2013 along with a draft consultation on combating money laundering, according to an e-mailed statement yesterday by Daniel Saameli, a spokesman for the Bern-based department.
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