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Swiss Federal Court Overturns Lower Court Decision Rejecting Dutch Request for Bank Account Holder Details

14 September 2016

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Approved Changes

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Switzerland-Netherlands

On 12 September, the Swiss Federal Court issued a release announcing that an earlier lower court decision rejecting a Dutch financial account information request has been overturned. That earlier decision concerned a 2015 administrative assistance request from the Dutch tax authorities for information on accounts of Dutch residents held at UBS Switzerland AG. That request was made as a collective (group) request for information on the name and addresses of the UBS customers concerned and their account details. The assistance was initially granted by the Swiss Federal Tax Administration (FTA), but was challenged by one of the Dutch residents on...