Brussels, 20/05/2011 (Agence Europe) - Recent developments in the negotiations between Germany and Switzerland over how to tax savings deposited in Switzerland by German nationals not living in Switzerland may complicate the already tense negotiations over changes to the EU savings tax directive (see EUROPE 10378), over which Italy has expressed serious reservations and which Luxembourg is challenging (see EUROPE 10380).
Zurich newspaper Tages-Anzeiger reports that the new tax agreement...