Regularization of undisclosed assets in Switzerland and South Africa – Transparency on the horizon
Urs Feller, Danielle Wenger and Marcel Frey give an overview of the developments and the legal situation with regard to the regularization of undisclosed assets in Switzerland and South Africa. Recently, the two countries concluded an agreement on the exchange of tax information on the basis of the Common Reporting Standard. The impact of this agreement is analyzed. This article was co-authored with colleagues from South Africa.