Bridge the Gaps: How to improve reporting of APMs

Alternative Performance Measures are a relevant aspect in today’s external and internal reporting. Two thirds of Switzerland’s 30 largest companies use them to provide an additional view on sustainable performance and bridge the information gap between investors and management.

Country-by-Country Reporting: Voluntary filing for FY16 due 31 December 2017

Filing Country-by-Country Reports (CbCR) for 2016 tax year is due until 31 December 2017 for multinationals with financial years beginning on 1 January of the calendar year.

Country-by-country reporting adopted and in force 1 December 2017

On 29 September 2017 the Federal Council adopted the Ordinance on the International Exchange of Country-by-Country Reports (CbCR) of Multinationals. The Ordinance will come into force on 1 December 2017.

Time to transform tax reporting?

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.

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.

Ausschüttungen aus Kapitaleinlagereserven bei Rechnungslegung in Fremdwährung

Im geltenden Recht besteht die Möglichkeit, Buchführung und Rechnungslegung in der für die Geschäftstätigkeit wesentlichen Währung vorzunehmen. Die Rechnungslegung in Fremdwährung führt zu verschiedenen Herausforderungen, namentlich auch mit Bezug auf die Gewinnverwendung.