UK and Switzerland in offshore tax talks

It seems highly likely that the UK taxman will soon get access to secret Swiss bank accounts; in a similar way to the recent Liechtenstein Disclosure Facility deal.

Swiss finance minister Hans-Rudolf Merz and UK Chancellor of the Exchequer George Osborne are meeting to sign a declaration to begin talks on tax issues.  The agreement is likely to include the issue of British citizens holding secret bank accounts in Switzerland.

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