23/02/2012 (Agence Europe) - Switzerland, savings tax. The Swiss government intends to comply with international taxation standards on assets held on its territory by foreign residents who “are not correctly taxed”. This announcement was reported by the daily newspaper, Les Echos, on 23 February and quoted a government source. From now until September the Swiss government is counting on developing “concrete measures” to guarantee international cooperation on taxing capital revenues and capital gains taxes in the future. It also intends to conclude agreements on income tax at an international level, improve administrative and legal cooperation with third countries and extend the requirement of its financial institutions to act responsibly and diligently in this regard. (FG/transl.fl)