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Italy and Switzerland near tax deal on illicit deposits

Italian economy minister says talks going well, but no date

24 January, 13:59
Italy and Switzerland near tax deal on illicit deposits (ANSA) - Davos, January 24 - Italy and Switzerland are "close" to an agreement over taxes on capital that Italian residents illegally deposit across the Alps, Italian Economy Minister Fabrizio Saccomanni told journalists at the World Economic Forum in Davos, Switzerland on Friday.

The minister added that a meeting with the Swiss government Friday morning went "well", but cautioned that he could not "give a precise date" to seal the deal.

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