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by ckastner 1779 days ago
> The worldwide reality is a many-to-many relationship. Switzerland doesn't snitch on other country's citizens for two reasons

That is wrong, see AEOI/CRS as mentioned above. Switzerland exchanges information with dozens of countries and has been doing so since 2017.

And strictly speaking, it's not about citizship, but tax residency. A Danish national living in France will have their Swiss bank account reported to France, not Denmark.

1 comments

> and has been doing so since 2017

oh that's new to me!

didn't know OECD had actually gotten anywhere beyond blacklists.

I've seen CRS in a variety of countries, many of those are still implemented in interesting ways, and also don't mean there is liability or tax liability for the ultimate owners.