In September, the Federal Tax Administration announced an expansion of the number of jurisdictions with which Switzerland exchanges information on financial assets.
This year, Kazakhstan, Maldives and Oman were added to the list of more than 100 countries for the automatic exchange of banking information. The total number of accounts serviced increased to 3.6 million, up from 3.4 million in 2022. Switzerland transmits data to more than half the countries in the world.
In 2022, countries automatically exchanged information on more than 123 million financial accounts. As a result, these measures generated €126 billion in additional revenue.