AFBS Telephone Conference

Since the signature of the double taxation treaty between Italy and Switzerland, the Swiss financial intermediary is held liable for withholding and paying to the Italian government the Financial Transaction Tax. Previously this operation could be delegated to an Italian broker. Swiss financial intermediaries are however unable to perform that task due to Art 271 Penal Code, which prevents them from acting for a foreign government without explicit authorisation, which is lacking in this instance. The SBA is assessing possible solutions.

The Telephone Conference will invite participants

• to share their experiences and views
• to discuss possible next steps

To confirm your participation please click on the REGISTER field not later than 15.1.2017. Registered participants will receive an email confirmation. Dial-in details are as follows:

Dial In Number: +41 58 262 07 22

Access code participant: 098715

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