Evolution or revolution for Swiss insurers?

The word ‘change’ conjures up a myriad images and expectations. For some, it represents a threat. For others, it is possibility and potential. Which one it turns out to be for Swiss non-life insurers depends on how they grasp the need for transformation amid current challenges to the status quo.

Swiss withholding tax: Correction of mal practice for interests for late notifications 

The smaller chamber of the Swiss parliament voted today in favor of many Swiss tax payers which have been threatened with substantial payments for late interest due to late notification of dividends. Swiss Federation to release CHF 600 million.

Risk management – balance is everything

The higher the risk, the greater the return is a basic premise believed to also apply to business. The true art behind managing a business lies in maximizing profit while minimizing risk. It seems that CEOs abroad appear to be doing better at this balancing act than Swiss CEOs according to their self-assessment as expressed in KPMG’s CEO Outlook.

The UK’s changes to the tax rules for non-doms

On 19 August 2016 the Government published more details about the proposed new rules which fundamentally change the way in which UK resident non-UK domiciled individuals (non-doms) will in future be taxed in the UK. All non-doms could be impacted by these latest Government announcements.

Swiss Federal Supreme Court considers Dutch Group Request as permissible

While the Federal Tax Administration found the Dutch group request to be permissible in fall 2015, the Swiss Federal Administrative Court on the other hand deemed it not permissible. However, upon its deliberations held on 11 September 2016, the Swiss Federal Supreme Court decided that this group request was acceptable after all.

Mehrwertabgabe bei Einzonungen – 20 Prozent oder mehr?

Das revidierte Bundesgesetz über die Raumplanung (RPG) schafft Klarheit bezüglich der Mehrwertabgabe. Im Zuge der Revision wurde der Artikel 5 RPG bezüglich der Mehrwertabgabe konkretisiert. Zusätzlich wurde den Kantonen unter Sanktionsandrohung eine Fünfjahresfrist gesetzt, um dem in Art. 5 RPG verankerten Gesetzgebungsauftrag nachzukommen.