Switzerland Signs Joint Statement on Automatic Exchange of Information with Japan

On 29 January 2016, the Swiss Federal Council published a press release announcing that Switzerland has signed a joint statement on the automatic exchange of information in tax matters on a reciprocal basis with Japan. The information exchange will be implemented under the Multilateral Competent Authority Agreement on the Automatic Exchange of Financial Account Information and the Convention on Mutual Administrative Assistance in Tax Matters. Switzerland and Japan intend to begin the automati…