BEPS

Stagnating tax rates

As revealed in KPMG’s Swiss Tax Report 2017, no noteworthy shifts in tax rates were discernible for the past year as a whole. Following some minor cuts in 2016, indications this year are pointing to yet another unmistakable trend toward stagnating regular corporate tax rates. The circumstances regarding individual tax rates are similar.
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Driving tax transformation

Moving towards centralization, standardizing operations and using more tax technology solutions: The race to redesign tax operating models is well underway. Executives and tax leaders around the world are driving transformation in general and especially for tax.
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Tax topics aimed at addressing business issues

Keeping up with the new tax reality requires new methods that go beyond the traditional withholding tax approach. As a result, tax and management consulting is increasingly being combined. A qualitative analysis of companies within their specific industry is needed to give management the best possible decision-making basis.
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Impact of global and Swiss tax changes on the insurance industry

There are a few upcoming regulatory tax projects which will affect the Swiss insurance industry. On a global level these include the latest tax risks facing the industry in light of the OECD’s base erosion and profit shifting (BEPS) reports. On a national level the focus is on the Swiss Corporate Tax Reform III.
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UK anti-hybrid legislation: impact on Swiss structures

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.
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Swiss IHQs: 6 questions on upcoming tax developments

The tax world is currently undergoing significant and very rapid changes. In such a shifting environment, International Headquarters’ tax professionals should have in mind 6 questions.
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