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Switzerland and U.S. Sign New FATCA Agreement

03 July 2024

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Treaty Development

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Switzerland-United States

The Swiss Federal Council has announced the signing of a new FATCA agreement with the United States on 27 June 2024. --- Switzerland and United States agree on mutual exchange of financial account data Bern, 27.06.2024 - Switzerland and the United States signed a new FATCA agreement in Bern on 27 June 2024. Switzerland currently provides financial account data to the United States on a unilateral basis. In the future, it will also receive corresponding information from the United States within the framework of an automatic exchange of information. The change of model is expected to apply from 2027. The...