Swiss court denies Dutch request for UBS bank details

On Monday, the Swiss Federal Administrative Court ruled that no administrative assistance should be provided to Dutch tax authorities concerning “group requests” made on July 2015, following an appeal by a Dutch client of the UBS bank.  On July 23, 2015 the Dutch tax authorities had submitted a request to the Swiss federal Tax Administration for UBS banking details on the basis of the double taxation treaty (DTT-NLL) that exists between Switzerland Netherlands since February 2010. The St. Gallen-based court viewed it as a “fishing” attempt.  “Rather than disclosing any client names in its request, the Belastingdienst [Dutch tax authorities] merely indicated the criteria for identifying the UBS clients covered by the request,” said the court statement. “The protocol to the DTT-NL clearly states that the treaty prohibits group requests that do not disclose any names.”  The court thus upheld the appeal of the Dutch citizen and denied the sharing of any details of his ...