KPMG Switzerland and SIX Securities Services are bundling their tax expertise. These two companies will be offering banks a comprehensive range of services relating to withholding tax exemptions and refunds as well as tax reports for foreign clients, all through a shared interface.
In times of international tax transparency, being tax compliant has become more relevant than ever before. Consequently banks are focusing on tax reporting for individual clients. KPMG’s latest survey analyses how Swiss private banks answer the demand for tax reports requested by their foreign private clients.
Gone are the days when tax advice was a secret science limited to preparing written submissions and obtaining rulings. Modern tax advisory services increasingly draw on IT, with the use of software solutions gradually becoming the norm. Tax goes IT, so to speak.