Swiss Federal Supreme Court Overturns Lower Court Judgment Rejecting French Request for Bank Account Holder Details

On 13 March 2017, a judgment of the Swiss Federal Supreme Court was published concerning an administrative assistance request from the French tax authority. The case involved an initial request in December 2012 and a follow-up request in December 2013 for a list of taxpayers that are subject to investigation involving evasion and undeclared accounts with an unnamed bank (reportedly UBS). This investigation and the 2013 request for assistance were initiated based on a list of clients that had …