Eveline Widmer-Schlumpf

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Eveline Widmer-Schlumpf

Head of Federal Department of Finance, Switzerland

Eveline Widmer-Schlumpf
  • 2001 - 2007: President, Conference of Cantonal Finance Directors; Executive Committee, Conference of Cantonal Governments

  • 2004 - 2007: Member, Bank Council, Swiss National Bank

  • December 1 2007: Became federal councillor (equivalent of government minister)

  • January 1 2008 - October 1 2010: Head of the Federal Department of Justice and Police

  • November 1 2010 - present: Head of Federal Department of Finance

  • 2011: Vice-president, Federal Council

  • 2012: President, Swiss Confederation

Talk about having a lot to deal with.

If any finance minister was at the centre of most of the controversial tax issues in 2013, mainly to do with the exchange of tax information, it was Eveline Widmer-Schlumpf of Switzerland. From January 16, when the Federal Council decided to enact the Tax Administrative Assistance Act dealing with administrative assistance under double taxation agreements up to November 29, when the council announced enhanced due diligence that Swiss banks have to follow to ensure they do not accept untaxed assets, and also gave authorisation to the first Swiss banks to cooperate with the US to settle their tax dispute, Widmer-Schlumpf and the Federal Department of Finance have had to deal with a range of issues under the intense gaze of the rest of the world.

Those issues have included double taxation agreements at various stages of development or enactment with Argentina, Australia, China and Hungary, signing its first tax information exchange agreement with the Isle of Man, the results of withholding tax agreements with Austria and the UK, which has seen money transferred from Switzerland to those countries, and the signing of a memorandum of understanding with the US over the implementation of the Foreign Account Tax Compliance Act. In this time, Widmer-Schlumpf has also represented Switzerland at meetings of the G20, as well as other international organisations.

Widmer-Schlumpf has tried to deflect criticism of Switzerland’s attitude to tax affairs by pointing the finger at other countries. After an OECD report to a G20 meeting of finance ministers in Washington, DC in April criticised Switzerland for deficiencies in how it implemented information exchange, Widmer-Schlumpf said her country was committed to global practices on the issue but that every country must do the same, noting that the identification of the beneficial owners of “Anglo-Saxon” trusts needed to improve as well.

Switzerland has been forced to join the rest of the world in becoming less secretive and more open to the idea of sharing tax information about the citizens of other jurisdictions with financial interests there. The impact of Widmer-Schlumpf’s management of these tricky issues in the future will be of keen interest to the rest of the world.

The Global Tax 50 2013

« Previous

TEI

View the complete list


more across site & shared bottom lb ros

More from across our site

Reckitt Benckiser is to divest its Essential Home business, which includes more than 70 brands, to private equity firm Advent International
In the first of a new series of weekly opinion pieces, ITR Editor Tom Baker reflects on the OECD’s attempts to sanitise the US’s brazen pillar two negotiations
The threat of 50% tariffs on Brazilian goods coincides with new Brazilian legal powers to adopt retaliatory economic measures, local experts tell ITR
The country’s chancellor appears to have backtracked from previous pillar two scepticism; in other news, Donald Trump threatened Russia with 100% tariffs
In its latest G20 update, the OECD also revealed tense discussions with the US where the ‘significant threat’ of Section 899 was highlighted
The tax agency has increased compliance yield from wealthy individuals but cannot identify how much tax is paid by UK billionaires, the committee also claimed
Saffery cautioned that documentation requirements in new government proposals must be limited if medium-sized companies are not exempted from TP
The global minimum tax deal is not viable without US participation, Friedrich Merz has argued
Section 899 of the ‘one big beautiful’ bill would have spelled disaster for many international investors into the US, but following its shelving, attention turns to the fate of the OECD’s pillars
DLA Piper’s co-head of tax for the US and Latin America tells ITR about her fervent belief in equal access to the law, loving yoga, and paternal inspirations
Gift this article