Agreement reached on Swiss-Italian tax issues

2 Responses

  1. How interesting. We are certainly living in exciting times. My question is: How will this affect American or Canadians or South Americans with money invested in Switzerland. Will they suddenly have to pay large sums of taxes to their home countries?
    Warmly,
    Dr. Erica

    • ONF says:

      If monies have been properly accounted for for tax purposes in the past, there should be no additional tax due. Of course, if monies have not been declared, that is different and tax fines and penalties can occur.

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