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In media release No 2011/026, issued 9 February 2011, the Assistant Treasurer and Minister for Financial Services and Superannuation, Bill Shorten, announced that Australia and Switzerland will begin discussions next month to modernise the existing tax treaty.

"I am inviting interested parties to provide comments on how the 1980 Australia - Switzerland treaty might be improved to best reflect the needs of individuals and businesses. Written submissions are sought by 28 February 2011," Mr Shorten said.

For information about making a submission, go here


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