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Switzerland Suspends Administrative Assistance in Tax Matters with Russia — Orbitax Tax News & Alerts

The Swiss Federal Court has issued the Order of 31 May 2022 (2C_219/2022), suspending international administrative assistance in tax matters with Russia. As explained in a release on the order, the suspension applies, in particular, to a 2018 request for administrative assistance by Russia in order to obtain information on bank accounts, which was approved in 2019. The information concerns different companies and individuals, including Ukraine nationals. Considering the ongoing war in Ukraine and the resulting international developments, the administrative assistance in tax matters is suspended until 30 September 2022. After this date, the situation will be re-examined in light of all the circumstances that will prevail at that time.