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NRW, EU’s Schulz Call for Broader Swiss Tax Treaty

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(Corrects inaccurate designation for Schulz in ministry statement in first paragraph of story that ran Aug. 27.)

Aug. 27 (Bloomberg) -- Martin Schulz, president of the European Parliament, and the finance minister of Germany’s North-Rhine Westphalia call for an effective bilateral tax treaty with Switzerland as a prerequisite for a necessary EU-wide rule.

“A treaty on the European level is better than a treaty between single states,” Norbert Walter-Borjans, finance minister of North-Rhine Westphalia said in a statement issued by his office.

“Until we reach a pan-European solution, we need instruments that can already be used efficiently to fight tax evasion,” he added. Schulz and Walter-Borjans met in Brussels today.

To contact the reporter on this story: Annette Weisbach in Frankfurt at aweisbach1@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net

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