The Swiss Federal Council has announced its adoption of the Ordinance on International Automatic Exchange of Information in Tax Matters (AEOI) and the revised Tax Administrative Assistance Ordinance, which provides for spontaneous exchange of information.
The AEOI ordinance contains the Federal Council's implementing provisions for the Federal Act on the International Automatic Exchange of Information in Tax Matters (AEOI Act), which provides for the exchange of financial account informat…