The UK’s new anti-hybrid rules will be effective from January, 2017. There is a short time frame for companies to assess the impact of these rules and make any changes to remain compliant with the rules and avoid a significant increase of the tax rate and/or even worse a double taxation of income.
The latest global mobility survey from KPMG Switzerland highlights how global mobility has evolved during the past decade, the key risks which all employers with internationally mobile employees should be addressing today, and what companies could do to improve their mobility policies and processes.
Today, both chambers of the Swiss Parliament unanimously approved the partially revised VAT Act. It is expected to enter into force on 1 January 2018. Tax Authorities expect around 30,000 new taxpayers – for the most part foreign companies. What are the most important changes and the important actions that need to be taken?