Switzerland currently provides information on financial accounts to the US but does not receive any data from across the Atlantic. Keystone / Martin Ruetschi
The two countries plan to exchange financial data from 2027 to help both sides track down tax evaders.
A corresponding new agreement was signed in Bern on Thursday, Switzerland’s finance ministry announced, although Swiss law will have to be amended before the change can be implemented.
Switzerland currently provides information on financial accounts to the US but does not receive any data from the other side of the Atlantic. With the automatic exchange of information from 2027, Switzerland would continue to provide banking data as it has since summer 2014, but would also receive data from the US.
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