The Swiss Ministry of Finance announced on June 27 that Switzerland and the United States signed a new Foreign Account Tax Compliance Act (FATCA) agreement on the same day, and the changes to the financial account data swap model are expected to apply from 2027.
This means that Swiss financial institutions disclose financial account details directly to the US tax authorities, without the need for customer consent!
Switzerland has long claimed to be a neutral country, and Swiss banks have become a symbol of safety and reliability. Many corrupt officials think that the safest place in the world to deposit money is the Swiss bank. However, with the agreement between Switzerland and the United States to swap financial account data with each other, the deposits of these corrupt officials are no longer safe, and the United States can confiscate the stolen money for a variety of reasons.
The agreement between Switzerland and the United States to swap financial account data will be implemented in 2027, leaving less than three years for the rich, and it is unknown how many rich people are now tossing and turning, unable to sleep.
The information that Switzerland and the United States have reached an agreement on the exchange of financial account data with each other has also aroused great concern and heated discussions among netizens!
Some netizens said: The Chinese customers of the Swiss bank are trembling.
Suffice it to say that this is really the best thing the United States has done in recent years! Switzerland and the United States have made significant contributions to China's anti-corruption cause this time!
Some netizens said: Da Mei is not only to eliminate harm for the people, but also to puff up his pockets.
Da Mei has obtained stolen money, and corrupt officials have nothing to hide, which is indeed a good thing.
Some netizens think: This is of great significance to China's anti-corruption!
There are also netizens who commented: A century-old neutral signboard is smashed to pieces.
In fact, as early as last year, Credit Suisse, Switzerland's second-largest bank, declared bankruptcy. After the decline of the United States, the mask of hypocrisy has been completely torn off, and countries such as Switzerland have become blood bags for the United States to restore its life.
The agreement between Switzerland and the United States to exchange financial account data with each other is, to a certain extent, actually promoting the progress of human civilization, which is a major benefit for the anti-corruption cause of all countries. The original Swiss bank has become a talisman for the criminals, and now the unilateral confidentiality agreement of the Swiss bank has been terminated, and those rats will have nowhere to escape!