Taxation, taxes

Swiss pri­vate in­sur­ers are ma­jor tax­pay­ers and, as such, make a sig­nif­i­cant con­tri­bu­tion to the coun­try's pulic sec­tor.

The SIA sup­ports the OECD’s ap­proach to close po­ten­tial gaps to the CRS leg­is­la­tion to en­sure re­port­ing ef­fi­cien­cy on a glob­al lev­el and to iden­ti­fy arrange­ments de­signed to cir­cum­vent the CRS. The

Switzer­land in one of the most im­por­tant fi­na­cial hub in the world. A tenth of the coun­try's added-val­ue ncre­ation stems from the fi­nan­cial ser­vices in­dus­try.