Switzerland on Tuesday signed a revised double taxation agreement with Luxembourg, easing the restrictions on the exchange of tax information between the two countries.
It is the second of 12 such agreements Switzerland needs to sign in order to be removed from the "grey list" of tax havens established in April by the Organisation of Economic Co-operation and Development (OECD).
Wow, Switzerland and Luxembourg counts for the OECD
What next? The BVI and San Marino?