OECD

The beneficial ownership register leads to further transparency

Irrespective of the Automatic Exchange of Information (AEoI) and other OECD initiatives, the UBO register leads to further transparency. Beneficial owners of entities domiciled in the EU are already required to be documented in a UBO register, which is publicly accessible in some countries.
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OECD initiative against fictitious tax residences based on investments

On 16 October 2018, the OECD published the results of its analysis of over 100 Citizenship by Investment (CBI) and Residence by Investment (RBI) schemes that allow foreign individuals to obtain citizenship or residence rights.
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Circumvention of the AEoI: New OECD rules against fictional residences

In March 2018, the OECD accepted the Mandatory Disclosure Rules for CRS Avoidance Arrangements and Opaque Offshore Structures. In parallel, the OECD launched a further initiative called “Preventing abuse of residence by investment schemes to circumvent the CRS”, aimed at fictitious tax residences based on investments.
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Neue OECD-Regeln für AIA-Vermeidungsvereinbarungen

Der Automatische Informationsaustausch (AIA) hat sich als globaler Standard durchgesetzt. Dennoch hat die OECD bereits im Dezember 2017 eine Vernehmlassung zu „Bindenden Offenlegungsregeln für den Umgang mit AIA-Vermeidungsvereinbarungen und Offshore-Strukturen“ eröffnet, welche am 15. Januar 2018 endete.
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The AEoI now enforced in Switzerland: what’s next?

The Automatic Exchange of Information (AEoI) has been in force in Switzerland since 1 January 2017. This means that Switzerland will start exchanging 2017 data with the EU member states, Australia, Guernsey, Isle of Man, Iceland, Japan, Jersey, Canada, Norway and South Korea for the first time in September 2018. But what does this really mean?
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BEPS and the “No” to the Swiss Corporate Tax Reform III

The Swiss people voted “No” on the proposed Corporate Tax Reform III on 12 February 2017. What does this mean for Switzerland’s position on and implementation of BEPS? Generally speaking, there is very little or no direct impact, and in particular Action 13 with CbCR is not affected at all.
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