Switzerland agrees to share tax info with Canada - Macleans.ca

Switzerland agrees to share tax info with Canada

Both countries also loosen trade barriers on airlines

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Prime Minister Stephen Harper met with Swiss President Doris Leuthard Friday, with the pair agreeing to reduce trade barriers on airlines and to share more tax information. Both countries have now updated their air transportation treaties, which will allow airlines in both countries to change their prices more freely. Switzerland has also agreed to share more tax information with Canada starting in Jan. 2011. The new rules could help Canada catch tax cheaters who hide behind Switzerland’s strict confidentiality rules. Harper is in Kehrsatz, Swtizerland for the Francophonie Summit.

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