(March 1, 2015) 

On February 26, 2015 the Austrian Ministry of Finance (Bundesministerium für Finanzen) issued a press release titled: “Schelling/Sapin: Entschlossenes Vorgehen gegen Steuerbetrug” (Schelling/Sapin: Decisive action against tax fraud”. In the press release it is stated that the French authorities will provide the Austrian authorities with HSBC Suisse data as far as it regards Austrian individuals and Austrian companies.

In the press release it is stated that Austria has filed a request for Administrative Assistance with France. In the request Austria has requested to be provided with the names of Austrian individuals and companies that are included in the list of clients of HSBC in Switzerland. According to the press release Minister Sapin of France has confirmed that France will positively reply to the request. Sapin furthermore added that France will do its best to provide Austria with the requested date during the course of the coming week

Click here to be forwarded to the press release as issued by the Austrian Ministry of Finance (the press release is in German).

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