Financial Times FT.com

Tax tussle freezes Swiss-Italian talks

By Haig Simonian in Lugano

Published: November 2 2009 02:00 | Last updated: November 2 2009 02:00

Switzerland yesterday said it was freezing talks with Rome on a double taxation treaty in retaliation against a heavy-handed Italian crackdown on tax evasion.

"The agreement was ready to be signed on our side," says Hans-Rudolf Merz, finance minister and head of state this year under Switzerland's rotating presidency.

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